A wallet identified as hexiecs realized a $305,000 profit on fone, achieving a 23x return, according to Lookonchain monitoring on Aug. 28. The address bought 11.81 million fone with 13,000 USDC when the token’s market cap was $1.1 million. The wallet later sold 1 million fone for 12.8 SOL, worth about $1,290, and still holds 10.81 million fone valued at about $317,000.