Fortunate Altcoin Trader Strikes Gold with $2.5M Profit from Meme Coin Trading
In a stroke of luck, an altcoin trader recently unveiled a new, exclusive wallet and managed to rake in a substantial profit by engaging in meme coin trading. According to the renowned on-chain analytics company Lookonchain, the trader dabbled in the trading of 12 meme coins using the freshly created wallet, resulting in a whopping 83% win rate and an impressive profit exceeding $2.5 million. Lookonchain shared details of this remarkable feat on its official X account.
The trader’s fortunes took a turn for the better when he decided to invest in $RNT, which proved to be a game-changer with a staggering 957x profit. By investing 15.8 $SOL tokens (equivalent to $2,558), the trader acquired a whopping 36.77 million $RNT coins and eventually sold around 606K $RNT tokens to secure 165 $SOL tokens valued at $26.8K. This successful trading spree left the trader with a total of 36.17 million $RNT tokens, translating to a substantial $2.4 million in earnings.
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