According to Lookonchain, an impressive trading feat was accomplished recently. They recounted how one savvy investor tutned an initial investment of just 198 SUI tokens—equivalent to $368—into $2 million in just three days through trading the $HIPPO memecoin on the Sui blockchain.

Turn $368 into $2M in just 3 days!This guy spent 198 $SUI($368) to buy 253.5M $HIPPO(memecoin on #Sui) 3 days ago and sold 119.6M $HIPPO for 175K $SUI($325K), leaving 133.9M $HIPPO, worth $1.7M!This guy made ~$2M on $HIPPO in just 3 days!https://t.co/MuVQhpVOCJ pic.twitter.com/pFeNnJvuj3

— Lookonchain (@lookonchain) October 2, 2024

Read Also: Can SUI Token Overtake Solana (SOL) This Bull Run?

They detailed the process: three days ago, this investor purchased 253.5 million $HIPPO tokens. He sold 119.6 million of those tokens for 175,000 $SUI, which amounted to approximately $325,000. This left him with 133.9 million $HIPPO tokens, now valued at around $1.7 million.

In total, this trader made a profit of nearly $2 million from his initial investment in the $HIPPO memecoin within a mere three days.

Celebrate Dogecoin and Make Big Gains with Doge2014!

Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!

Show more +Show less –

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.

The post Investors Flips $368 to $2 Million in 3 Days Trading This SUI Meme Coin: Here’s How appeared first on CaptainAltcoin.