GCR: The Crypto Legend Who Turned $1k into Billions!
GCR (Gigantic-Cassocked-Rebirth) is hailed as one of the greatest crypto traders ever. Known for his sharp predictions, GCR turned $1,000 into hundreds of millions, capturing the crypto world’s attention.
Work Ethic and Hustle
GCR pushed for relentless trading, advocating over 120 hours per week. He confessed to not taking a break for 3.5 years. While inspiring, this extreme dedication raises concerns about long-term sustainability.
Master of Memecoins
In 2021, GCR championed memecoins, foreseeing their rise despite skepticism. He famously predicted: “20 ETH in SHIB, hold for 5 months, and you’ll get $40M.” By May 2021, just 2 ETH in SHIB had soared to over $40M, cementing his reputation for foresight.
Political Bets and Alameda Research
In 2021, GCR bet big on Trump winning the 2024 election. His position became so large that he turned to OTC deals with Alameda Research due to a lack of exchange liquidity. Later, he shifted to betting on Kamala Harris after Biden’s withdrawal, citing her strong debate performances.
The Do Kwon Challenge and LUNA Collapse
One of GCR’s most famous moves was his $10M public bet against LUNA founder Do Kwon, predicting LUNA’s collapse. Using FTX derivatives, GCR shorted $10M of LUNA and made $2.3M in two months. When LUNA crashed to near zero, he hedged his $20M position for just $0.72.
Final Predictions
In 2023, GCR tweeted: “Money printing won’t stop. Eventually, holders will outperform traders.” He also predicted Ethereum would reach $10,000, calling it “programmed.”
GCR’s story is one of brilliance and boldness, but it also sparks debate about the cost of extreme hustle. Could his predictions define crypto’s future?
