The developer behind meme coin $牛来 failed to profit from its earlier surge despite the token reaching a market capitalization of $49 million, according to Lookonchain. The on-chain analytics platform said the wallet at address 0x6aF3...79E created $牛来, a meme coin, but did not buy any of the token as traders piled in and some followers booked large gains. The same developer then issued three new tokens and made about $25,000, underscoring how token creators can earn from repeated launches even after missing out on an initial breakout.