PANews reported on September 28th that on-chain analyst @ai_9684xtpa reported that a trader had profited $132,000 on the Plasma network at $1,345. Three days prior, he withdrew 1,999 BNB from Binance and exchanged 1.9 of them for 1,988 XPL as his "dog-beating" capital for a cross-chain transaction on Plasma. He then purchased 2.28 million trillion XPL at a market cap of $600,000, earning $132,000, a 98x return.

This trader invested hundreds of thousands of dollars in various newly released memes. In just a few days, he had traded 84 tokens with an 83.2% win rate and a total profit of $142,000.