![Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk](https://btcusa.com/wp-content/uploads/2023/12/Crypto-Trader-Turns-1K-Into-100K-on-Solanas-Newest-Memecoin-678x381.jpg)
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Meanwhile, trading volumes on Solana-based decentralized exchange (DEX) applications remained high, with tokens worth $1.44 billion changing hands in the past 24 hours. That accounted for 26% of all DEX trading volumes across the crypto space, higher than usual players Ethereum, Arbitrum and BNB Chain.
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