Investor Nets 900,000% Profit in Two Weeks With a Memecoin

A crypto trader recently made headlines by turning a small $135 investment into an astounding $1.2 million in just 15 days, thanks to a sharp rise in the value of a new token called Terminus.

While huge profits like this are rare in the volatile crypto market, the right timing can lead to significant gains, though most investors don’t witness such windfalls.

Instead of trading in popular coins like Bitcoin or Ethereum, this trader invested in Terminus, a meme-themed cryptocurrency, which saw its price surge by over 10,000%.

Initially purchasing 3.46 million tokens at a fraction of a cent on September 8, the trader’s holdings ballooned as the token’s price skyrocketed. As of now, the Terminus token is valued at $0.4072, pushing its market cap to $41.7 million.

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This surge in value gained traction after social media buzz linked Elon Musk’s plans for Mars to the token, which fueled its rapid rise. However, such volatile gains are often short-lived, with concerns about liquidity and a potential price drop once the hype fades.

Alexander Stefanov