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Trader Earns Over $12,2 Million Investing in Memcoin ai16z

Trader Earns Over $12,2 Million Investing in Memcoin ai16z

HappyCoinNewsHappyCoinNews2024/11/19 08:22
By:HappyCoinNews

Analysts at Lookonchain reported that an unknown trader increased his initial deposit of $33 to more than $000 million by investing in the ai12,2z coin based on Solana .

Trader Earns Over $12,2 Million Investing in Memcoin ai16z image 0

As experts calculated, he increased his deposit 371 times in this way and it took him less than a month. Analysts noted that on October 25, 2024, the investor spent 200 Solana (SOL) to purchase 30,6 million ai16z memcoins.

At the moment, the value of these coins exceeds $12,2 million. Lookonchain calculated that the trader's wallet contains memecoins worth over $130 million.

The largest part of the trader's investment portfolio is the WAIC asset - more than 9 million tokens for a total of $115 million. As always, the community has been discussing how the trader was able to earn such a high income.

Most of the community members assumed that the investor was able to make a fortune due to the fact that the memecoin market is currently on the rise following the rise in the value of Bitcoin and the victory of the Republicans in the US elections.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitget Academy2024/11/19 08:22