Check this how a Crypto Trader Made $3 Million With Just $96
A crypto trader turned $96 into $3 million by trading TRUMP tokens, leveraging the volatile meme coin market amid the 2024 U.S. presidential race.
On August 12th, a crypto trader made an initial purchase of 608,650 TRUMP tokens on Uniswap, spending only 0.052 ETH, which was worth around $96 at the time. With the escalating competition between former president Donald Trump and U.S. Vice President Kamala Haris, the PolitiFi tokens are gaining significant traction among crypto investors.
According to Etherscan, the aforementioned crypto trader has started selling portions of his TRUMP holding, booking profit after a notable recovery. Yesterday, the trader sold 6k Trump tokens for 11.4 ETH (worth approximately $30,000)
Despite this sale, the crypto trader still holds a significant amount of TRUMP tokens, with 594,564 remaining in its wallet, valued at an impressive $3.06 million.
TRUMP token trades at $4.2, with an intraday loss of 18.8%. Consecutively, the market cap surged to $180.1.
As Doland Trumpâs winning bet surged to 60.1% in Polymarket, a prediction market platform, the PolitiFitokens like MAGA (TRUMP), MAGA HAT (MAGA), and Doland Tremp (TREMP) should witness aggressive bullish momentum.
The ability to turn $96 into $3 million is nothing short of incredible, showing how meme cryptocurrency could turn a crypto trader from zero to hero. However, investors should remain cautious when trading these assets as their volatility could shake trade sentiment in seconds.
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