
Smart Trader Nets Massive Profits on Memecoins with 89% Win Rate
A savvy trader has stunned the crypto community with extraordinary profits in the memecoin market. This trader turned an $18 SOL ($3,000) investment into a staggering $19 million profit on $ai16z, achieving an incredible 6,400x return.
Spotting $ai16z early on October 25, 2024, the trader purchased 9.16 million tokens. So far, they’ve sold 1.32 million $ai16z for $1.71 million while retaining 7.85 million tokens worth $17.26 million. Similarly, this trader made waves by investing $12,200 into $Fartcoin when its market cap was just $83,000. Selling 6.71 million $Fartcoin for $5.41 million, they still hold 10.6 million tokens valued at $12.83 million. Their total profit on $Fartcoin exceeds $18 million, reflecting a 1,490x return.
Consistent Success with an 89% Win Rate
According to GMGN data, the trader has maintained an impressive 89.07% win rate over the past 30 days, cementing their reputation as a sharp market player.
Recent Moves: Exploring New Opportunities
In the last 24 hours, this trader has taken positions in several low-cap tokens, including $EEF, $DEAL, $GG, $SXBT, $FARTOLOGY, and $TBOO, as part of a high-risk, high-reward strategy.
Source: nulltx.com