The crypto trading space, with its rapid profits and high stakes, recently witnessed an investor turn $1300 worth of $SOL into $140,000 in just 20 minutes.
According to Lookonchain, this sharp-eyed trader took advantage of Binance’s $MOODENG listing announcement, buying up 2.77 million tokens before their price skyrocketed.
The investor’s strategy, based on spotting early exchange listings of in-demand tokens, netted him 809 $SOL in profits. Shortly after, he repeated this success, earning another $17,000 through a similar tactic with $GOAT tokens.
The so-called “listing strategy” involves identifying tokens just before or as they’re listed on major exchanges like Binance, anticipating that exposure will drive demand.
However, the method isn’t for beginners; it requires meticulous research and the ability to handle high-risk, fast-paced trades. Traders using this approach must monitor listings across multiple exchanges, manage volatility, and navigate technical challenges, as trading surges often lead to delays and liquidity issues.
While the strategy has delivered striking results for some, it demands both expertise and quick decision-making, making it best suited for seasoned traders familiar with the market’s complexities.
ARK Invest has quietly deepened its exposure to Solana by adding a staked SOL investment to two of its tech-focused ETFs, signaling growing confidence in the blockchain’s long-term potential.
The U.S. Securities and Exchange Commission (SEC) is warming up to the idea of expanding the crypto ETF landscape beyond Bitcoin, with 72 crypto-related ETF proposals now awaiting review.
Coinbase has officially rolled out CFTC-regulated futures contracts tied to XRP, marking a significant step forward for institutional adoption of the Ripple-associated token.
A fresh wave of speculation has hit the crypto market following a hefty stablecoin issuance by Tether, which quietly minted $1 billion worth of USDT on the Tron network earlier today.