In an unbelievable turn of events, a crypto trader has turned a modest investment of 2 $SOL , $462 into nearly $1 million in just three hours. According to Lookonchain, this incredible profit came from a strategic play involving Quant ($QNT) tokens.
2 $SOL and a dream!This guy made $988K with only 2 $SOL($462) in just 3 hours, a 2,141x return!He spent 2 $SOL($462) to buy 18.89M $Quant and sold 3.71M $Quant for 116 $SOL($27K), leaving 15.18M $Quant($962K).Address:https://t.co/OPvf2DZJJ6 pic.twitter.com/X9dtLvDvw7
— Lookonchain (@lookonchain) November 20, 2024
Solana Trader Makes 2,141x Return with $Quant, Worth $1 Million
The trader used 2 $SOL to buy 18.89 million $Quant tokens. In less than 24 hours, he liquidated 3.71 million Quant tokens for 116 $SOL or about $27,000. But this is not the end of the story. He was left with 15.18 million Quant tokens worth approximately $962K.
This trade has a return on investment of 2,141 times of what he started with. The $SOL used to enter the trade had not even left his pocket when he saw a huge opportunity waiting for him. Such exponential growth has gotten the attention of the entire crypto community, as the trader now possesses a portfolio of tokens valued at nearly $1 million.
Crypto Success Story Highlights Both Opportunity and High Risk in Market
Such success story has set the pace, signalizing that the crypto sphere can be both highly unpredictable and incredibly rich in opportunities. However, such gains are rare and researchers warn that they are accompanied by high risks. This is a clear indication that while some investors’ wealth increases within a few minutes or hours the same market can reverse the gains within a few minutes or hours.
For now, this trader, reported by Lookonchain, is one of the few who managed to turn this type of currency into a goldmine in a relatively short period of time. Can the same be done by others or was it once in a lifetime chance? Only time will tell.
