Earning a quick profit within a short time is something that deserves amazement. A crypto wallet has allegedly created mild chaos on one of the leading crypto blockchains—Solana (SOL). The insider wallet holder instantly turned the initial deposit for the DONT memecoin token (the money he used to start trading) into a whopping million.
DONT is the ticker name of the recently launched DisclaimerCoin.
The wallet owner executed a trade, starting with $4,100 as the initial deposit. As the DONT token surged in value, he earned $1.13 million worth of tokens in just 3 hours. In short, the person received 276 times the initial deposit.
However, this is where the real twist stems from. According to Trading Insight News on Binance Square, the suspected Solana wallet started to accumulate before the public announcement of the DONT token launch.
As the official launch happened, retail investors rushed to buy the token, and the insider trader then sold his token at higher prices, grabbing a huge profit.
Although the eye-opening trade happened on Solana, it remains a matter of suspicion.
Is the DONT token an instance of memecoin hype?
DeFi Dev Corporation launched the DONT memecoin on January 22, 2026, making it the ‘first-ever publicly traded company-created memecoin’. The token launched on Solana has gained some momentum, which is likely related to the common memecoin hype and community support.
As it is well known, several memecoins launch in a short period of time and vanish quickly. These cryptocurrencies are typically born from trends, follow hype and community demand, and are short-lived. However, memecoins like Dogecoin have their own unique features.
The DONT token may or may not stay for a longer period. However, an important point to note is that several traders earn a quick profit from memecoins.
DONT token spikes to the moon
At the time of writing, the DONT token reached nearly $0.00005816, an 8.78% surge in the past 24 hours. As learned from the chart below, the token has showcased price surges and two dips nearly to $0.00005101. However, it returned from the dips to the current price and shows green candles.
In brief, the alleged trading of an insider has sparked another discussion in the memecoin niche, which is already struggling with overhyping and fake demands.
