Trader turns $120 into $205,000 via Niu Lai meme coin

A cryptocurrency trader turned a $120 investment into more than $205,000 in a matter of hours through the BNB Chain-based meme coin Niu Lai. According to on-chain data tracked by Lookonchain, the trader acquired 19.1 million tokens when the project's market capitalization was approximately $6,270.

The trader, identified on X as Sarah Milady, liquidated 9.1 million tokens for roughly $25,900 to realize a profit. She continues to hold 10 million tokens, which were valued at nearly $180,200 at the time of the report. This represents a total return of over 822x the initial investment.

Milady attributed the success to years of experience in the meme coin market, stating that she has learned to identify where money flows within the space.