A crypto trader has managed to grow their portfolio from $23 million to $65 million in just one year, earning $42 million in profits. According to a tweet by Lookonchain, the trader’s success can be attributed to their smart investments in three cryptocurrencies: $PEPE, $ONDO, and $BEAM.

$PEPE: A 1203% Return

The trader’s most profitable investment was in $PEPE, where they spent 2,434 $ETH (approximately $5 million) to purchase 3.97 trillion $PEPE tokens between November 2, 2023, and February 1, 2024. They then sold 125 billion $PEPE for 350 $ETH (around $1.27 million), while still holding 3.84 trillion $PEPE, worth an estimated $56.43 million.

This strategic move resulted in a profit of $60 million, representing an impressive return on investment (ROI) of 1203%. Lookonchain notes that the trader is very smart, consistently selling at high prices to maximize their gains.

$ONDO: A 288% Return

The trader also invested in $ONDO, purchasing 7.55 million tokens for $1.9 million at an average price of $0.26 between January 28 and February 6. They then sold 2.56 million $ONDO for $2 million at an average price of $0.79 on March 14, April 1, and April 2.

The trader still holds 4.99 million $ONDO, worth approximately $5.73 million. This investment yielded a profit of $5.8 million, with an ROI of 288%.

New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW

Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!

Sponsored

Show more +Show less – $BEAM: A 72% Return

Lastly, the trader invested in $BEAM, buying 139.47 million tokens for $2.59 million at an average price of $0.019 on January 4 and January 5. They then sold the entire holding of 139.47 million $BEAM for $4.44 million at an average price of $0.032 between February 16 and February 27.

This investment generated a profit of $1.85 million, with an ROI of 72%.

The trader’s success story highlights the importance of strategic trading in the cryptocurrency market. By carefully selecting promising projects and timing their investments and sales, the trader was able to generate substantial profits across multiple cryptocurrencies.

Read more: SEC Approves Ethereum ETFs: Analyst Highlights What This Means for ETH, Bitcoin (BTC), and Other Cryptocurrencies

Join Aethir’s exclusive airdrop and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!

Check $RECQ Meme Coin Sponsored: Invest Responsibly, Do Your Own Research. Buy RECQ Today Serves as the base currency for all transactions within the Rebel Satoshi platform ICO stage, offering tokens at a discounted price Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.

The post How a Crypto Trader Made $65M in Just One Year with PEPE Meme Coin and These Two Tokens appeared first on CaptainAltcoin.