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	<title>KEYCAT Archives - Coin Engineer</title>
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	<title>KEYCAT Archives - Coin Engineer</title>
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		<title>From $350 to $8 Million: The Meme Coin Story</title>
		<link>https://coinengineer.net/blog/from-350-to-8-million-the-meme-coin-story/</link>
					<comments>https://coinengineer.net/blog/from-350-to-8-million-the-meme-coin-story/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Tue, 02 Apr 2024 18:40:10 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[ethereum]]></category>
		<category><![CDATA[KEYCAT]]></category>
		<category><![CDATA[Lookonchain]]></category>
		<category><![CDATA[meme coin]]></category>
		<guid isPermaLink="false">https://coinengineer.io/blog/?p=17080</guid>

					<description><![CDATA[<p>A cryptocurrency investor named Larp von Trier turned $350 into $8.3 million by investing in a meme coin on the Base network. According to data shared by on-chain analytics platform Lookonchain, Larp von Trier bought 0.1 Ethereum worth of KEYCAT, a meme coin named after the famous Keyboard Cat video, when its market cap was</p>
<p>The post <a href="https://coinengineer.net/blog/from-350-to-8-million-the-meme-coin-story/">From $350 to $8 Million: The Meme Coin Story</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: left;">A cryptocurrency investor named Larp von Trier turned $350 into $8.3 million by investing in a meme coin on the Base network.</p>
<p>According to data shared by on-chain analytics platform Lookonchain, Larp von Trier bought 0.1 <a href="https://coinengineer.net/blog/aave-v3-on-ethereum-proposed-to-integrate-ethenas-susde-stablecoin/">Ethereum</a> worth of KEYCAT, a meme coin named after the famous Keyboard Cat video, when its market cap was only $2,200. He also shared his purchase on social media, alerting his followers to the coin.</p>
<p>With his $353 investment, Larp von Trier acquired 1.3 billion KEYCAT, or 13% of the total supply. In just six days, KEYCAT&#8217;s price skyrocketed, taking the investor&#8217;s $353 to $8.39 million. During that time, KEYCAT&#8217;s market cap surged from $2,000 to $100 million.</p>
<p>Unable to resist taking profits, Larp von Trier sold 344 million KEYCAT from two of his wallets, netting him $1.75 million.</p>
<p>He still holds 971 million KEYCAT worth $6.6 million in six other wallets. Larp von Trier continues to promote KEYCAT on social media and does not appear to be planning any further sales at this time.</p>
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<p>The post <a href="https://coinengineer.net/blog/from-350-to-8-million-the-meme-coin-story/">From $350 to $8 Million: The Meme Coin Story</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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