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tldr; A memecoin trader achieved significant gains by capitalizing on the surge of REDO, a memecoin that increased approximately 200% in value. The trader sold 881,000 REDO holdings for a profit of 107,275 SOL, about $606,000, marking a 12x return on investment. Additionally, the trader made profits from other memecoins, including TINU and PLANE, with trades across 11 different memecoins resulting in a 54.5% win rate and total profits of roughly $652,000. This highlights the potential and risks of memecoin trading in the volatile cryptocurrency market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
1. [REDO](https://twitter.com/search?q=%24REDO&src=cashtag_click) 2. [UTYA](https://twitter.com/search?q=%24UTYA&src=cashtag_click) 3. [CHERRY](https://twitter.com/search?q=%24CHERRY&src=cashtag_click) 4. PLANE
I'm holding PLANE, VELO and QANX. They are recovering nicely.