Solana Trader Scores $312k Gain from Meme Coin in Just Five Hours
A Solana memecoin trader turned an $870 investment into over $312,000 in just five hours after buying into the Effective Accelerationism (e/acc) token. The trader purchased 16.7 million e/acc tokens across five transactions for about $870.23 using a wallet beginning with 9hVshY.
The token's price surged, causing the position's value to climb to roughly $313,200, representing an unrealized gain of more than 35,000%, according to on-chain data shared by Lookonchain on September 26. Effective Accelerationism launched on the Solana blockchain in late September 2026 and quickly gained traction among traders.
The rapid rally helped early participants secure significant gains as capital flowed into the project during its initial price discovery phase. The token's market capitalization briefly exceeded $17 million while generating more than $25 million in trading volume within hours of launch.