The developer wallet made an over 5,100x return on his initial $550 investment.
The developer of Solana-based memecoin Neiro has profited $2.85 million in an apparent rug pull.
The $2.85 million profit represents a 5,169x return on their initial investment of just 3 SOL (SOL), worth over $550.
The developer initially invested in the memecoin when deploying the token contract, according to a July 28 X post by Lookonchain:
