He obtained this huge profit from a meme coin called Donotfomoew, which is a coin with a cat theme and had just been released when the trader made a purchase on the Base blockchain. In his digital wallet, it turns out that the trader bought 499.9 million MOEW in just 10 minutes after the coin was released on decentralized exchanges (DEXs), using 4 Ethereum #ethurum
As previously reported by Cryptoharian.com, a crypto trader managed to gain massive profits quickly from a newly released meme coin. With capital of US$ 13,000, the trader managed to get rewards of US$ 2 million in just a few hours.
However, this success is not the first time for the trader. Previously, they also made a large profit of US$ 8.24 million from trading Shiba Inu (SHIB) tokens in less than a month. Thus, the total profit achieved from these two trades reached an impressive figure, namely US$ 8.66 million.
Based on the Spot On Chain report, the trader managed to sell 252 WBTC for a total price of 16.64 million DAI, a stablecoin whose value is pegged to the US dollar. The average sale price of this asset is approximately US$ 66.121 per WBTC. As a result, this large profit in a short time has succeeded in gaining appreciation from meme coin fans and other investors.
He got this profit in just five days, with capital trading Wrapped Bitcoin (WBTC) and Shiba Inu (SHIB) coins. This large return is also accompanied by a profit margin of 2.59 percent. This news emerged after being shared by Spot On Chain, which is an analytical platform related to blockchain transactions.
Another 'jackpot' story in the crypto world has emerged again. Reporting from blockchainreporter.net, one crypto trader was in the spotlight after achieving a profit of US$ 421,000.
Another 'jackpot' story in the crypto world has emerged again. Reporting from blockchainreporter.net, one crypto trader was in the spotlight after making a profit of US$ 421,000.
He got this profit in just five days, with capital trading Wrapped Bitcoin (WBTC) and Shiba Inu (SHIB) coins. This large return is also accompanied by a profit margin of 2.59 percent. This news emerged after being shared by Spot On Chain, which is an analytical platform related to blockchain transactions.
Based on the Spot On Chain report, the trader managed to sell 252 WBTC for a total price of 16.64 million DAI, a stablecoin whose value is pegged to the US dollar. The average sale price of this asset is approximately US$ 66,121 per WBTC. As a result, this large profit in a short time has succeeded in gaining appreciation from meme coin fans and other investors.
However, this success is not the first time for the trader. Previously, they also made a large profit of US$ 8.24 million from trading Shiba Inu (SHIB) tokens in less than a month. Thus, the total profit achieved from these two trades reached an impressive figure, namely US$ 8.66 million.
Another Trader Who Earned US$ 2 Million from Meme Coins
As previously reported by Cryptoharian.com, a crypto trader managed to gain massive profits quickly from a newly released meme coin. With capital of US$ 13,000, the trader managed to get a reward of US$ 2 million in just a few hours.
He obtained this huge profit from a meme coin called Donotfomoew, which is a coin with a cat theme and had just been released when the trader made a purchase on the Base blockchain. In his digital wallet, it turns out that the trader bought 499.9 million MOEW in just 10 minutes after the coin was released on decentralized exchanges (DEXs), using 4 Ethereum (ETH).