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.
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.
Shiba Inu (SHIB), the popular meme coin, has seen considerable volatility over the past year. For investors who timed the market right, the rewards have been significant.
A wave of institutional and regulatory momentum is rapidly pushing tokenization from concept to reality—and the ripple effect on major blockchain assets could be closer than expected.
Binance has unveiled the 26th project on its HODLer Airdrops program—Lagrange (LA), a zero-knowledge (ZK) powered protocol designed to bring verifiable trust to the AI ecosystem.
SPX6900 (SPX) has gone up by nearly 10% in the past 24 hours and currently sits at $1.45 as trading volumes for this meme coin have nearly doubled during this period. The community has pushed forward a new initiative that consists of dollar-cost averaging (DCA) their investments in the token. This strategy consists of spreading […]