{"id":140249,"date":"2024-10-21T20:00:11","date_gmt":"2024-10-21T17:00:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140249"},"modified":"2024-10-21T15:19:43","modified_gmt":"2024-10-21T12:19:43","slug":"crypto-trader-turns-296-into-209000-profit-in-hours","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-trader-turns-296-into-209000-profit-in-hours\/","title":{"rendered":"Crypto Trader Turns $296 into 209,000% Profit in Hours"},"content":{"rendered":"<p>This surge began with a notable increase in <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s price<\/a><\/strong>, shifting market sentiment toward optimism and benefiting meme-themed cryptocurrencies.<\/p>\n<p>One standout example <strong><a href=\"https:\/\/x.com\/lookonchain\/status\/1848202081565581728?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">involves<\/a> <\/strong>a trader who turned a $296 investment in the lesser-known memecoin Slop into an astonishing $620,000 in just four hours.<\/p>\n<p>Recently, the crypto market has shown substantial gains, but the sustainability of this upward trend remains uncertain. Still, traders are seizing opportunities; another investor reportedly transformed $96 into $3 million, showcasing the potential rewards of strategic trading.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/solana-based-memecoin-reaches-historic-high-after-key-announcement\/\" title=\"Solana-Based Memecoin Reaches Historic High After Key Announcement\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2021\/08\/crypto-green-impulse-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Solana-Based Memecoin Reaches Historic High After Key Announcement<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The story of the $620,000 profit started when the investor purchased 38.17 million Slop tokens for $296. Within hours, he sold 29.78 million of those tokens for 2,412 SOL, totaling around $405,000. He retained 8.39 million tokens, which could yield an additional $215,000.<\/p>\n<p>This impressive trading success caught attention when Lookonchain, a prominent analytics platform, dubbed the investor a \u201cMemecoin hunter.\u201d Despite having traded over 150 meme coins, the trader has a modest win rate of 21.19%, indicating that he has faced several losses. However, this recent triumph has helped him recover previous losses.<\/p>\n<p>With Bitcoin continuing to rise and investor sentiment leaning toward greed, the potential for further gains remains strong.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency trading landscape is witnessing a remarkable upswing, driven by a bullish market trend that has sparked significant investor enthusiasm.<\/p>\n","protected":false},"author":3,"featured_media":44357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-140249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Trader Turns $296 into 209,000% 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