The trader spent $19,000 to buy JINQIAN and made a profit of about 10x

BlockBeats News, September 2nd, according to LookIntoChain monitoring, Robinhood Chain meme coin JINQIAN went online for only 1 hour, and its market capitalization reached $70 million. A trader achieved approximately 10x returns through a single JINQIAN transaction. The trader spent 8 ETH (about $19,000) to buy 6.28 million JINQIAN and then sold all of it for 82.54 ETH (about $198,000), realizing a profit of 74.54 ETH, worth around $178,600.