The Man Who Made $4.5 Million on Solana Is Betting Even Bigger on BlockDAG – Here’s Why!
An investor, who made a significant profit of $4.5 million on Solana (SOL), is now betting even bigger on BlockDAG (BDAG). To understand the magnitude of this investment, let's break down the numbers:
_Initial Investment in Solana (SOL):_
- Initial Price: Assume $10 per SOL token
- Number of SOL tokens purchased: $4,500,000 / $10 = 450,000 SOL tokens
- Selling Price: Assume $100 per SOL token (a 10x increase)
- Profit: 450,000 SOL tokens * ($100 - $10) = $4,050,000
_Investment in BlockDAG (BDAG):_
- Assume the investor is betting 2-3 times bigger on BDAG, considering their previous success with SOL.
- New Investment Amount: $9,000,000 to $13,500,000 (2-3 times the initial profit)
- Current Price of BDAG: Assume $0.01 per BDAG token
- Number of BDAG tokens purchased: $9,000,000 / $0.01 = 900,000,000 BDAG tokens (or $13,500,000 / $0.01 = 1,350,000,000 BDAG tokens)
The investor's decision to bet bigger on BlockDAG is likely driven by the potential for high returns, considering the relatively low current price of BDAG. However, investing in cryptocurrency is highly speculative and carries significant risks.
#COSSocialFiRevolution #BTCBreaks100K? #SOLHitsATH #XRPAndSECShift #ETHPriceSurge
