Meme Coin Trader Profits Over $1 Million Within a Few Weeks
09.10.2024 8:30 1min. read Alexander Zdravkov
The cryptocurrency market presents significant opportunities for traders who can effectively time their investments, and one particular trader has showcased exceptional skill.
This individual has reportedly earned over $1 million in just under two months by strategically trading a specific meme coin.
According to data from the blockchain analytics platform Lookonchain shared on October 8, this trader has achieved a remarkable 100% win rate while swing trading Popcat (POPCAT) since August 20.
Over the course of seven weeks, they have executed eight well-timed trades on POPCAT, with the latest trade occurring between October 4 and October 7, resulting in a profit of $194,093.
This brings the trader’s total earnings to an impressive $1,050,440 from August 20 to October 7.
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