AI and crypto have become one of the hottest trends in the market, drawing traders eager to capitalize on the fusion of these technologies.
A trader has amassed $37 million by investing in two AI-focused cryptocurrencies, ai16z and Fartcoin, which delivered extraordinary returns. ai16z produced a 6,400x gain, while Fartcoin yielded 1,490x, turning the trader into a multi-millionaire.
The investor initially spent $3,000 (18 SOL) to purchase 9.16 million ai16z tokens, selling a portion for $1.71 million while retaining $17.26 million in unrealized profits.
This brings the total ai16z profit to around $19 million. Meanwhile, the Fartcoin investment of $12,200 resulted in $5.4 million from sold tokens and $12.83 million in unrealized profits, totaling $18 million. These two investments amounted to a total of 243,321% profit.
Beyond these two successful investments, the trader’s portfolio also includes other tokens, such as eef, DEAL, and OPAIUM, the latter being his largest recent purchase, valued at $86,000. With a recent ROI of 89% and $500,000 in unrealized profits, this investor is capitalizing on the growing intersection of AI and cryptocurrency.
Ethereum (ETH) has gone down by 2.4% in the past 24 hours and currently sits at $2,580 in what has been mostly a red week for the crypto market. Trading volumes have retreated by 5% during this same period, indicating that the selling spree is not that strong at the moment. However, crypto liquidations have […]
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