{"id":141975,"date":"2024-11-11T17:34:34","date_gmt":"2024-11-11T15:34:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141975"},"modified":"2024-11-11T17:34:34","modified_gmt":"2024-11-11T15:34:34","slug":"crypto-trader-makes-over-10-million-profit-with-new-memecoin-in-a-few-days","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-trader-makes-over-10-million-profit-with-new-memecoin-in-a-few-days\/","title":{"rendered":"Crypto Trader Makes Over $10 Million Profit With New Memecoin in a Few Days"},"content":{"rendered":"<p>This past week one of the most trendnig topics in social media platform such as YouTube and TikTok was the sasd story of Peanut the Squirel. The story follows the owner of a viral squirell that gained global attention, who had his pet taken away from him and euthanised.<\/p>\n<p>The squirell\u2019s tragic end shocked social media and someone apparently took advantage of the hype and created a cryptocurrency with the same name.<\/p>\n<p>The altcoin qucikly gained traction after it was added on the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Solana<\/a><\/strong>-based decentralized exchange Raydium. One week later, the asset\u2019s price shot through the roof after an incredible 350% surge in less than a day.<\/p>\n<p><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\">Read More:<\/h5>\n    <a class=\"article row post-141950\" href=\"https:\/\/cryptodnes.bg\/en\/justin-sun-cashes-in-on-ethereum-surge-offloading-60-million\/\" title=\"Justin Sun Cashes In on Ethereum Surge, Offloading $60 Million\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/justin-sun-poloniex-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Justin Sun Cashes In on Ethereum Surge, Offloading $60 Million<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>This uptick can be attributed to Binance, the world\u2019s largest cryptocurrency exchange, which announced that it will add the new memecoin to its trading platform. After the announcement, PNUT\u2019s trading volume surged by more than 2,000% and the market cap reached $425 million.<\/p>\n<p>Notably, the altcoins top holder, wallet address 4C3Nx\u2026S3FeU, has been steadily building up their position, investing a total of $2.194 million while holding strong through the few price dips without any selling.<\/p>\n<p>Following Binance\u2019s listing announcement, this holder now <strong><a href=\"https:\/\/x.com\/WuBlockchain\/status\/1855879664528666657\" rel=\"nofollow\">sees<\/a> <\/strong>an unrealized gain of $10.53 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Memecoins have been booming this year, especially those that are based on the Solana blockchain.<\/p>\n","protected":false},"author":7,"featured_media":31944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[270,426,108,266],"coin_category":[],"class_list":["post-141975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-altcoins","tag-binance","tag-price","tag-solana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Trader Makes Over $10 Million Profit With New Memecoin in a Few Days<\/title>\n<meta name=\"description\" content=\"Memecoins have been booming this year, especially those that are based on the Solana blockchain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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