Smart Trader Turned $2,000 Into $3 Million With This Metaverse Coin: In Just 10 Hours!

The trader spent 10 #Solana (SOL), worth just over $2,000, to buy 22 million #Hyperfly (HYPER) on the afternoon of January 5. After a short while of thinking, he started selling the token. Thus, he sold off about 18 million HYPER for 10,286 $SOL (about $2.21 million). The remaining token was worth another $1 million. Therefore, it is possible that the transaction will be even more profitable at the end. In other words, if there is no rapid price crash, the investor will earn a total of $3 million. This means a 1,500x return on investment.

The Hyperfly trade is the latest in a series of amazing New Year crypto trading maneuvers. The most dramatic example so far occurred on January 1, when a trader sold KEKIUS MAXIMUS, which he had purchased 18 days earlier for just $66, for a total of $3 million. This incredible trade was made possible by a prank by Elon Musk, the billionaire owner of X. Musk decided to make a festive statement by specifically changing his social media name and profile picture to Kekius Maximus, a variation of the popular meme frog Pepe.

Some crypto traders are making millions even during the current crypto market crash, where #Bitcoin has been trading below the $100,000 level since December 19. In late December, another trader made a record profit on a 5x leveraged Ethereum short position. The trader made over $1.1 million in unrealized profit in two days.

Other traders are turning the volatility of meme coins into profit, despite their inherent lack of utility. On December 14, a crypto trader turned $27 into $52 million by taking advantage of the Pepe memecoin rally. The anonymous trader held onto his initial investment for over 600 days. $PEPE generated over 1,600% return over the year, later becoming the second best performing token among the top 100 coins in 2024.