Solana Memecoin Trader Scores 35,000% Gain in Five Hours

A Solana memecoin trader made headlines after turning an initial investment of $870 into over $312,000 in just five hours. The trader bought into the newly launched Effective Accelerationism (e/acc) token, which was listed on the Solana blockchain in late September 2026.

The rapid price surge helped the trader's position climb to around $313,200, representing an unrealized gain of more than 35,000%, according to on-chain data shared by Lookonchain. This is not an isolated incident, as the token's market capitalization briefly exceeded $17 million within hours of launch, generating over $25 million in trading volume.

The Effective Accelerationism movement advocates rapid progress in areas such as artificial intelligence, energy, and economic growth. Interest in the token was boosted by its association with the broader e/acc community and online discussions surrounding Beff Jezos, a prominent figure linked to the movement.