I found a trader who turned $260 into $1,300,000 in just 5 days🚨
He did it with just 1 coin...
I've analyzed this genius wallet and here's what I found ⬇️🧵
This trader made a bold move with $BODEN.
He purchased it for just around $260 shortly after its launch.
In just 5 days, his profit from this meme coin soared to $1,300,000!
While he didn't sell at the peak, the profit is still incredibly impressive.
🟪🟪🟪
What was his secret? This is today's topic for discussion.
Let's break down his actions:
❶ At first, he purchased $BODEN with two TXNs (each for 1 $SOL)
❷ When the token skyrocketed, he sold half of his holdings
❸ In the end, his total profit = $1,298,189
🟪🟪🟪
His success can be attributed to several factors:
➜ Using the right tools🛠️
➜ Having the right knowledge🧠
➜ Discovering the token early⏳
➜ Acting fast 🏃♂️
➜ A touch of luck, of course, haha🥂
🟪🟪🟪
Here's the funny thing:
Yet another Solana wallet turned $10 into $85,000 using the same strategy!
What he did:
❶ He was quick to buy $BALLZ right after launch.
❷ 3 hours later, he sold all his bags.
❸ His net profit: +$84,489
🟪🟪🟪
Traders were using sniper bots to quickly buy coins upon launch, executing over 100 small transactions daily.
➜ And of course, 90% of their trades were unprofitable and ended up in losses
➜ But this strategy proved to be profitable in the long term
➜ Thus, a single unexpected trade could result in a 100x-1000x gain
➜I for one I use & recommend BonkBot 📈
🟪🟪🟪
I hope you've found this thread helpful.
Follow me @ctzsierr for more.
Like/Repost the quote below if you can🥂 cheers!
#Memecoins #BinanceLaunchpool #Altcoinseason2024
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