An investor in crypto made a stunning 2,554-fold profit on a timely $1,300 purchase in the Moo Deng (MOODENG) coin, which has a hippo motif.

Some community members, however, are suspicious that an insider or developer could have been engaged in this benefit.

A cryptocurrency trader on the Solana blockchain who traded their way into earning a billionaire in two weeks was discovered on September 25 by blockchain analytics company Lookonchain.

According to information gleaned from Solana Blockchain explorer Solscan, the cryptocurrency investor sold 9.8 Solana for $1,331 on September 10 in order to buy 38.7 million MOODENG tokens.

The hippo-themed memecoin's market value skyrocketed over the course of the following two weeks, increasing the original $1,331 investment to a whopping $3.4 million.

Stealth trading or just plain luck?
Members of the cryptocurrency community pointed out that the $1.8 million liquidity of the MOODENG pool meant that the investor could not pay out the whole investment at the current market value.

Many others began to suspect insider trading or the involvement of an in-house developer due to the astounding price rise. Conversely, some applauded the trader and hoped to have a similar level of "luck" in their next transactions.

Lookonchain said on September 26 that a second trader had made nearly 1,000 times the profit on a $95 cryptocurrency investment in less than a day.

In under thirty minutes, the investor in cryptocurrency that had invested $95 in INCEPT tokens had made $96,900. Additionally, according to Lookonchain, the majority of wallet addresses that have lately realized comparable-scale returns from INCEPT investments "appear to be insider wallets."

While some cryptocurrency investors place bets on altcoins in the hopes of earning astronomical profits, others stick to the tried-and-true hodl technique.

Lookonchain said on September 26 that a second trader had made nearly 1,000 times the profit on a $95 cryptocurrency investment in less than a day.

In under thirty minutes, the investor in cryptocurrency that had invested $95 in INCEPT tokens had made $96,900. Additionally, according to Lookonchain, the majority of wallet addresses that have lately realized comparable-scale returns from INCEPT investments "appear to be insider wallets."

While some cryptocurrency investors place bets on altcoins in the hopes of earning astronomical profits, others stick to the tried-and-true hodl technique.

$SOL
#solonapumping #HMSTRonBinance #mememcoinseason2024 #BinanceLaunchpoolHMSTR #CATIonBinance

#Shibalnu is once again in the spotlight due to a significant recovery in price and other key market indicators. This #mememcoinseason2024 is demonstrating resilience, with its price increasing by 3.8% in the last 24 hours, reaching a value of $0.00001465. A major factor behind this growth is the activity of "whales," large market players who significantly influence price movements.
Rise in whale transactions
According to data from IntoTheBlock, there has been a sharp increase in large Shiba Inu transactions, rising by 171% to $20.57 million. Large transactions are defined as those exceeding $100,000 in value, and a total of 61 such transactions were recorded in the past day. Altogether, 1.25 trillion SHIB tokens were moved in a single day, confirming growing interest from high-net-worth investors.
 

SHIB Large Transactions via IntoTheBlock
 Historical trend and interest from large investors
This increase highlights a long-term trend for Shiba Inu, which continues to attract large investors. If this trend persists, it could lead to further price growth and strengthen SHIB’s position in the market. Over the past week, the volume of SHIB transactions ranged from a minimum of 335.4 billion SHIB to a maximum of 3.03 trillion SHIB.
 Potential growth and innovation in the Shiba Inu project
Shiba Inu also showcases its strength in innovation. The community and development team are optimistic about the project’s future and recently hinted that something big is on the horizon. This news has sparked further interest in the project. Shiba Inu continues to work on expanding its ecosystem, aiming to become a widely adopted digital currency.
#Fatty #SpaceCatch
 Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

4. Floki Inu ($FLOKI ) Named after Elon Musk’s pet, Floki Inu merges meme appeal with significant technological projects like its own metaverse, Valhalla, and an educational platform. FLOKI offers an adventurous bet on the convergence of entertainment and real-world utility. Upside: Innovative applications, potential in metaverse projects Downside: High-risk, success contingent on project development

5. Dogecoin (DOGE) The first meme coin, Dogecoin, maintains its prominence within the crypto community, supported by endorsements from celebrities such as Elon Musk. This coin remains an exciting, though unpredictable, investment. Upside: Established community, mainstream exposure Downside: Subject to volatile price changes

6. Pepe ($PEPE ) Originating from the popular internet meme "Pepe the Frog," PEPE coin became a sensation in 2023. Its fresh status and growing fanbase make it a potential breakout star in 2024. Upside: Viral meme origin, increasing community support Downside: New to the market, high volatility

7. Shiba Inu ($SHIB ) Quickly rising to fame as the so-called "Dogecoin killer," Shiba Inu has climbed the ranks by branching into DeFi and NFTs, proving its versatility beyond just being a meme coin. Upside: Broadening ecosystem, strong user engagement Downside: Dependent on continued promotional hype

8. Baby Doge Coin (BabyDoge) An offshoot of Dogecoin, Baby Doge has attracted a following with its charming branding and deflationary tokenomics. Its involvement in charitable activities provides an added layer of value to investors. Upside: Active community, involvement in charity Downside: Relies heavily on market trends

Conclusion Investing in meme coins is an exhilarating yet risky venture. Influenced by community sentiment, social media trends, and cultural movements, these coins can quickly ascend or descend. If investing, only use disposable income and consider diversifying to lower risks. Despite their unpredictability, meme coins offer a unique blend of cultural engagement and potential for financial return. Always conduct comprehensive research and proceed with caution in your investment strategy.

#mememcoinseason2024 #MemeWatch2024 #memecycle #BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR