Someone made 100x returns with a coin called Dogwifhat (WIF) and he bought it just because the logo was cute but in a month the investment turned into 100K due to the Solona DeFi market.
This isn't the first time it has happened with random meme coin but a lot of coins that achieved huge returns went to the grave in no time as well so invest in the right coins if you are looking for long-term investment or just take a gamble and it may pays you off once in a while.
To read about 1000 to 100K journey:
Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, DogwifhatThe altseason phase seems to have begun and don't be surprised why there are so many people who are now making profits from just buying memecoins for fun. Especially on the Solana network where the trend is increasing. This could be an opportunity or a trap. Because we are faced with a gambling version of investment. Not only on the Solana network, there are several surprising events such as airdrop claims which are currently popular on the Cosmo network, especially for Keplr wallet users, Atom stakers, Add Liquid, etc. However, there is no harm in joining in the excitement to make a profit with money you are ready to lose. I am not denying this altseason and it has been proven that there is always a certain phase in the crypto market.