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A trader increased his deposit more than 1000x in a day thanks to staking — how is this possible?
- The trader invested 0.1 $SOL into the BELIEF token.
- Thanks to staking, he received over 25 $SOL and 2.9 million BELIEF.
- The investment return exceeded 1000x.
An unknown trader turned about $8.5 into nearly $10,000 thanks to an investment in the BELIEF token, according to analysts from the Lookonchain platform.
This guy turned $8.5 into $9,928 — a 1,169x return.
Absolute legend! 🤯
Trader 7Be6hv spent 0.1 $SOL($8.5) to buy 6,636 $BELIEF and staked it, earning 25.06 $SOL($2,160) and 2.9M $BELIEF($7,768 now) in staking rewards.
So by buying and staking $BELIEF, he turned $8.5 into… pic.twitter.com/Erxmoy88RE
— Lookonchain (@lookonchain) April 16, 2026
According to the data, the user spent 0.1 $SOL to buy 6,636 BELIEF. After that, he staked the assets. Experts explained that the trader received staking rewards in the form of:
about 25.06 $SOL (approximately $2,160);
about 2.9 million BELIEF (at the time of calculation — around $7,700).
The total value of the assets amounted to about $9,928. Thus, the trader increased the initial investment of $8.5 by 1,169 times — all within approximately 24 hours.
At the time of writing, he does not hold any assets in his crypto wallet.
It is worth noting that stories about massive “multipliers” from staking have become rare recently. Instead, users more often earn through trading or investing in memecoins. For example, an unknown trader increased capital from $3 million to $18.35 million in five days by trading futures on the decentralized exchange Hyperliquid.
In another case, a trader multiplied a deposit more than 3000x after buying 1.5% of a memecoin’s total supply.
It is also worth mentioning that Incrypted has a Telegram channel about memecoins. To stay updated on the latest events in this space, subscribe to MEMEcrypted.
However, stories of easy profits are rare. In December 2025, a trader lost more than $3.24 million in less than a day after opening a long position on Ethereum.
See also: "Insider → trade → profit: a new era of trading in the U.S."
