A cryptocurrency trader earned more than $1 million by trading the memecoin $POPCAT. This success was achieved through eight well-timed trades since August 20, with the trader maintaining a 100% win rate, according to on-chain analysis provider Lookonchain.

The First Trade Brought Significant Profit

The trader's strategy began with purchasing 1,579,413 #popcat tokens at an average price of $0.5245. He then sold the tokens for $0.7220, yielding a profit of $311,934. This was just the first of several perfectly timed trades aimed at maximizing profits.

Biggest Gains Between September 21 and 25

One of the most profitable trades took place between September 21 and 25. The trader bought 1,544,687 POPCAT tokens at $0.8969 and later sold them for $1.0261, resulting in an additional $199,663. Other profitable trades occurred between September 10 and 14, where the purchase of 1,202,931 tokens at $0.6235 and their sale at $0.7281 generated $125,801 in profit.

Smaller Trades Also Contributed to Success

While most of the trades brought large profits, some smaller transactions also contributed to the overall success. For example, between September 25 and 29, the trader earned only $2,813 from selling 491,682 tokens. However, even these smaller trades helped reach a total profit exceeding $1 million.

The Final Profitable Trade

The last trade took place from October 4 to October 7, where the trader purchased 1,240,156 $POPCAT tokens at $1.1343 and sold them for $1.2908, resulting in a $194,093 profit. Overall, the trader's strategy led to a total profit of $1,050,440.

$POPCAT Market Data

At the time of writing, $POPCAT was trading at $1.24, reflecting an 11.06% drop over the past 24 hours. The market capitalization reached $1.22 billion, which also represented an 11.06% decline. In terms of trading volume, $POPCAT saw $179 million traded in the last 24 hours, marking a 3.24% decrease.

#memecoin🚀🚀🚀 , #PopcatCoin , #Catcoins , #Cryptocurrencies

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