Trader Turns $239 into $2.2M Investing in $HOUSE Memecoin
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A cryptocurrency trader has made substantial returns investing in the Solana-based memecoin Housecoin ($HOUSE). According to data from blockchain analytics firm Lookonchain, this trader turned a $239 investment into $2.2 million.
This guy turned $239 into $2.2M—a 9,228x return. Legend!
A month ago, he bought 25.77M $HOUSE for only $239, sold 1.91M $HOUSE for $58.8K, and still holds 23.85M $HOUSE($2.15M).
He used to trade ~10 coins daily but has hardly traded after buying $HOUSE.
Early retirement?… pic.twitter.com/qIBEfp7ese
— Lookonchain (@lookonchain) April 30, 2025
From $239 to $2.2M
The trader began his strategy a month ago when he bought $239 worth of HOUSE for 25.77 million. As the memecoin surged in value a few days later, he sold 1.91 million of the tokens, netting over $58,000.
The remaining 23.85 million worth of tokens, which he currently holds, are valued at $2.15 million. Together with the realized gains, the trader’s total profit amounts to an impressive $2.2 million. This figure represents an astonishing 9,228 times the original investment.
What is Housecoin?
Launched in April on the Solana blockchain, Housecoin is a memecoin satirically positioned as a hedge against the collapsing real estate market. The token uses the tagline “Flipping the Housing Market, One $HOUSE at a Time.”
The memecoin gained significant attention for its rapid price surge, increasing by over 800% within a week of its launch. Live data from CoinGecko shows that Housecoin is trading at $0.09777, reflecting a 60.8% increase in the last 24 hours. With a market cap exceeding $96 million, the token’s trading volume has surged by 35.50% to over $53 million.
This figure signals a significant rise in its market activity. This growth is attributed to its unique narrative that resonates with younger generations facing challenges in entering the housing market. HOUSE is primarily traded on decentralized exchanges, with PumpSwap accounting for around 38% of the total trading volume. It has also been listed on some centralized exchanges, including MEXC, BitMart, and LBank.
While the success story of the above trader is captivating, it’s essential to approach such narratives with caution. The memecoin market is notorious for its volatility. While some investors have achieved significant gains, many others face substantial losses. Therefore, potential investors should conduct thorough research and consider the inherent risks associated with such investments.
The post Trader Turns $239 into $2.2M Investing in $HOUSE Memecoin appeared first on Cointab.
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