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Whale Snaps Up New Altcoin at Launch, Reaps an Incredible $47.5 Million Profit!
In the latest jaw-dropping example of cryptocurrency speculation gone wild, a savvy investor has reportedly made off with an astonishing $47.5 million in profit by snapping up a new altcoin at launch.
The impressive feat was achieved when the mysterious whale (a large-scale cryptocurrency holder) took advantage of MELANIA’s explosive growth potential by investing 52 million MELANIA coins, which they later sold for a staggering $11.5 million, netting an astonishing $11 million profit in the process.
But that’s not all – this shrewd investor also made another substantial gain from their second investment. They spent 800,000 USDC to acquire 3.84 million MELANIA, which they then sold half for a whopping $16.45 million. Meanwhile, they still hold an impressive $20.85 million worth of coins.
This remarkable performance is likely to send shockwaves throughout the cryptocurrency community and has left many wondering if this altcoin might be the next big thing.
Source: http://www.crypto-news-flash.com