Crypto Investor Makes 3,600,000% Profit Trading Memcoins

In a surprising turn of events, a recently launched crypto token made an incredible impact, defying the odds of a crashing market.

Despite Bitcoin’s dominance in the crypto world, this new token saw an astonishing 5,500% surge, netting millions for an investor who had placed a modest bet.

A trader, who invested only $90 in the newly minted Solana-based meme coin, Unicorn Fart Dust (UFD), witnessed his investment skyrocket into a $3.25 million profit in just two days. This shocking gain, reported by the popular crypto page Lookonchain, marked an unbelievable return of 36,067 times his original investment. Such explosive returns are not unique to this case, as crypto traders frequently experience significant windfalls, such as a whale who made $5 million from a PENGU airdrop.

The creation of UFD came about as an experiment by a crypto skeptic named Basement Ron, who launched the meme coin to prove that gold, not cryptocurrency, was the superior investment. Ironically, the token rapidly gained traction, reaching a market cap of $500 million, and saw its price jump 5,500%. This left many investors with substantial profits and caught the attention of the broader crypto community.

Currently priced at $0.1666, UFD maintains a market cap of $165 million after a 42% increase in the past 24 hours. The token also boasts a trading volume of over $53 million, indicating its growing demand.

This event is just one of many instances where the crypto market defies expectations. In another case, a young investor’s attempt at a pump-and-dump meme coin was met with a massive 71,000% rise, proving once again the unpredictable nature of crypto trading.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.