{"id":145204,"date":"2024-12-20T12:00:54","date_gmt":"2024-12-20T10:00:54","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145204"},"modified":"2024-12-20T03:50:33","modified_gmt":"2024-12-20T01:50:33","slug":"crypto-investor-makes-over-3600000-profit-trading-memecoins","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-investor-makes-over-3600000-profit-trading-memecoins\/","title":{"rendered":"Crypto Investor Makes Over 3,600,000% Profit Trading Memecoins"},"content":{"rendered":"

Starting with a modest investment<\/a> <\/strong>of 0.4 SOL, or approximately $90, the trader acquired nearly 13 million Unicorn Fart Dust (UFD) tokens. In just two days, the trader successfully completed two major swaps. First, they exchanged 50,000 UFD for 13.27 wrapped SOL (wSOL), valued at over $2,800. Then, another swap of 30,490 UFD for 7.96 wSOL, amounting to around $1,700. The remaining UFD tokens held by the trader were worth about $3.25 million.<\/p>\n

These astronomical returns, while impressive, depend heavily on market demand and liquidity. Meme coins like UFD are infamous for their volatility and lack of market depth, which means such gains may not be fully realizable without major market shifts.<\/p>\n

UFD was created as a tongue-in-cheek commentary on the unpredictable nature of the cryptocurrency market. The token\u2019s very existence is a satire, highlighting how digital currencies can soar in value without any tangible use case. Despite its comedic roots, the coin quickly became a viral phenomenon, ranking as one of the top-traded assets on Solana within just 48 hours of its debut.<\/p>\n