After one cryptocurrency dealer attracted consideration by seemingly hitting the jackpot with a really new token, Caitlyn Jenner (JENNER), the celebrity-launched crypto belongings have come into the limelight over their large potential to carry (much more) cash to the people behind them.
Because it occurs, Caitlyn Jenner herself has earned 2,381 SOL, or $405,000, by launching 12 meme cash on the Solana (SOL) blockchain up to now 4 days, in line with the observations shared by market analytics platform Lookonchain in an X thread on Could 31.
Particularly, the platform’s workforce revealed that Jenner launched the JENNER token on Could 27 and spent 1.3 SOL ($221) to purchase 44.56 million JENNER on the Pump.enjoyable platform, after which she bought all of it for 253 SOL, incomes her 252 SOL ($43,000), as per onchain knowledge.

Moreover, as Lookonchain identified, Jenner “transferred SOL to 2 addresses, of which address ‘”85feY8…soLxYd’ is the Binance deposit deal with. Previously 4 days, many addresses have transferred SOL to this Binance deposit deal with, which must be newly created addresses by Caitlyn Jenner.”

Lastly, the analysts acknowledged that they tracked the belongings additional, discovering that Jenner had “created many new addresses and launched 12 meme coins” and that she “bought the meme coins she launched and sold it for profit,” pocketing round 2,381 SOL or a whopping $405,000.
Certainly, as per their conclusion, Jenner will not be superb at hiding her onchain id and actions as she transferred all of her earnings into the identical deposit deal with on Binance, one of many largest and hottest crypto exchanges on the planet.
Meme coin frenzy
As a reminder, one crypto dealer made it large by buying practically 430 million JENNER tokens for 1 Ethereum (ETH) (~$3,717.54) and later offloading 393 million JENNER in alternate for 89 ETH (~$330,000), as Finbold reported on Could 30.
Earlier, one other particular person managed to attain an enormous revenue, turning a mere $800 funding into $657,000 in just some hours by buying and selling Mom Iggy (MOTHER) meme tokens, promoting 5.14 SOL tokens to purchase 86.55 million MOTHER, after which promoting 80.41 million MOTHER.
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