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A trader recently locked in impressive gains on a $meme position, capturing a +113.91% profit. This altcoin has been building momentum in the meme token space, starting from a market cap around $62.15K and rallying significantly to reach $731.17K. The rapid market cap expansion reflects strong community interest and trading activity. Such moves highlight both the high-volatility opportunities and risks present in the alternative token sector. Traders monitoring similar projects continue to track market cap growth as a key metric for identifying early momentum plays in the crypto market.