MEME

Coin

meme (Ordinals)

<p>Recent on-chain data has revealed one enigmatic meme coin trader who has remarkably accumulated a staggering $17 million fortune. Delving into the secrets behind this trader’s consistent success within the volatile crypto market, we unveil their winning strategy and the profound impact of meme coin fervor on their journey, which was punctuated by both soaring gains and painful setbacks.</p> 
<p>The trader, known for their strategic acumen, has been capitalizing on the surging popularity of MEME coins, predicting their trajectories and “aping in” at opportune moments. The details of the trader were shared by analyst <a href="https://twitter.com/0xReflection/status/1706405211043237959?t=ZgKs1HCxBpQ2L_8aJlug6Q&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Reflection</a>.</p> 
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 <img decoding="async" loading="lazy" width="1024" height="640" src="https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-1024x640.png" alt="" class="wp-image-342537" srcset="https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-1024x640.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-300x187.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-767x479.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-1536x959.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-2048x1279.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-1200x750.png 1200w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-240x150.png 240w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-560x350.png 560w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-516-788x492.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-516.png 1982w" sizes="(max-width: 1024px) 100vw, 1024px"> 
</figure> 
<h2 class="wp-block-heading" id="strong-strategic-approach-strong"><strong>Strategic Approach:</strong></h2> 
<p>The trader’s journey to substantial profitability began with a trade on $PSYOP. The strategy employed was straightforward yet effective:</p> 
<ul> 
 <li><strong>Identify</strong> a token with explosive growth potential.</li> 
 <li><strong>Purchase</strong> during a market dip.</li> 
 <li><strong>Sell</strong> post the second pump.</li> 
</ul> 
<p>This approach led to a Profit and Loss (PnL) of +$71,902, marking the inception of a series of lucrative trades.</p> 
<h2 class="wp-block-heading" id="strong-major-profits-with-fumo-strong"><strong>Major Profits with $FUMO</strong></h2> 
<p>The trader’s most substantial profit was realized with $FUMO, employing a consistent strategy of buying immediately post-launch and selling during the pump. Here’s a breakdown:</p> 
<ul> 
 <li><strong>Average Coin Price:</strong> $19,222</li> 
 <li><strong>Initial Investment:</strong> $54,376</li> 
 <li><strong>PnL:</strong> +$151,400.</li> 
</ul> 
<h2 class="wp-block-heading" id="strong-encountering-losses-zoomer-strong"><strong>Encountering Losses – $ZOOMER</strong></h2> 
<p>However, the journey wasn’t devoid of setbacks. The trader experienced a loss with $ZOOMER, where intuition faltered, leading to a late buy-in and subsequently, a loss.</p> 
<ul> 
 <li><strong>Average Coin Price:</strong> $0.000033</li> 
 <li><strong>Initial Investment:</strong> $3,217</li> 
 <li><strong>PnL:</strong> -$29,241.52</li> 
</ul> 
<h2 class="wp-block-heading" id="strong-rug-pull-incident-bald-strong"><strong>Rug Pull Incident – $BALD</strong></h2> 
<p>The trader also ventured into $BALD, which unfortunately turned out to be a rug pull, rendering it impossible to calculate the exact amount of loss or profit incurred.</p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="1024" height="736" src="https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-1024x736.png" alt="" class="wp-image-342546" srcset="https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-1024x736.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-300x216.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-768x552.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-1536x1105.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-2048x1473.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-140x100.png 140w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-209x150.png 209w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-100x72.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-487x350.png 487w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-517-788x566.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-517.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px"> 
</figure> 
<p>This adept <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coin trader operates several sub-wallets, facilitating diverse transactions. These wallets are crucial to monitor as they provide insights into the trader’s interactions with virtually every hype coin released recently, offering a potential goldmine of opportunities for keen observers.</p> 
<p>This crypto wallet’s extensive interactions with a myriad of recently released hype coins make it a focal point for those looking to glean insights and potentially profit from its future unexpected purchases. However, it’s imperative for potential followers to conduct their due diligence (DYOR) before making any investment decisions.</p> 
<p>This exploration into the strategies of a successful crypto trader underscores the importance of astute observation, strategic planning, and timely execution in optimizing profitability in the dynamic crypto landscape. The journey, marked by both unprecedented profits and inevitable losses, serves as a learning curve for aspiring traders seeking to navigate the tumultuous waters of crypto trading.</p> 
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/how-a-crypto-trader-made-over-17000000-by-investing-in-these-hot-meme-coins/">How a Crypto Trader Made Over $17,000,000 by Investing in These Hot Meme Coins</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

How a Crypto Trader Made Over $17,000,000 by Investing in These Hot Meme Coins

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