Anonymous trader makes 3,000x profit in 3 days by investing in ”low-market-cap meme coins”

An unidentified cryptocurrency trader reportedly earned $9 million (approximately 1.3 billion yen) by investing in MiMContin in three days, recording a 3,000-fold return on investment.
On the 20th (local time), on-chain analysis company Lookonchain reported in a post on X (formerly Twitter) that "One trader has made 3,000 in three days."
"He took 56 million Numograms through three wallets, increasing his cash flow from $1,000,000 to $9 million, a 3,000-fold profit," the company said.
GNON is a Solana-based low-cap meme coin that was launched on the 17th. Meme coins have no inherent utility,
Extreme price volatility will generate huge profits and create new millionaires. Numogram meme coin is on Moonshot despite not having a specific use case.
According to GecoTerminal data on the 21st, Numogram tokens were trading at $0.08125 as of 1:20 p.m., down 48.08% from 24 hours earlier.
Cointelegraph said, "GNON has no fundamental development factors that support the token price increase, so it is highly unlikely that the price will continue to rise in the long term," and "It is unlikely that the price will continue to rise in the long term compared to other major tokens."
Like MCOIN, GNON's rise is purely driven by social media hype and speculation."