The recent largest buy-in address of Meme Coin '1' established a position yesterday, and is currently seeing a floating profit of over 70%.

BlockBeats News, January 20th, according to GMGN monitoring, a new address, after the meme coin "1" saw its market cap rise to $9 million yesterday, made two purchases at the peak totaling 1.54 million tokens, investing about $137,000, briefly ranking third in the token's holding list.

As the coin's market cap surpassed $16 million today, the address has partially sold about 17.6% of its holdings, with a total profit of about $97,000 and a return rate of 71%. Currently, it still holds about 1.27 million tokens, worth about $190,000, ranking fourth in the holding list and being the largest buying address of the coin in the past 24 hours.

There are many meme coins in the current market with the same name. The token contract with the highest liquidity currently is:

"1": 0xff5d99a5c16cf2ffb4e7da1d7c42a791e70e4444

BlockBeats Note: Meme coins are highly volatile in trading, rely heavily on market sentiment and hype, have no actual value or use case, and investors should be aware of the risks.