Trader Turns $13,000 into $2 Million: Memecoin Mania with Meow on Base Blockchain

A crypto trader made headlines after turning an initial investment of $13,000 into over $2 million by trading in a meme coin named MOEW, launched on the Base blockchain. Within just 10 minutes of MOEW being listed on decentralised exchanges (DEXs), the trader, identified by the wallet '0x74C', purchased 499.9 million MOEW, equivalent to 4 Ether (ETH). Shortly after, the trader sold 111.65 million Meow for 99 ETH, valued at $328,000. Following the surge in value, with Meow's market cap reaching a peak of $53 million, Bitget Wallet, the creator of the cat-themed memecoin, cautioned users against buying, emphasising its experimental nature. Despite this caution, over 8,000 addresses received Meow tokens through an ongoing airdrop, rewarding users who accumulated sufficient BWB points through activities within Bitget Wallet's ecosystem.