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<p>An anonymous trader with the address 0x166 recently executed an extremely lucrative trade by investing in the booming Polkadot competitor, Peapods Finance. <a href="https://platform.spotonchain.com/en" target="_blank" rel="nofollow">According</a> to on-chain data analyzed by Spotonchain, the savvy trader swapped 25 ETH (approximately $55,000) for 125,963 PEAS tokens on December 17th.&nbsp;</p> 
<p>Significantly, the trader spread their investment across two wallets, perhaps to diversify risk:&nbsp;</p> 
<p>0x075cF48F59a4FcEfc090C1fc62107d9F5a5107ef</p> 
<p>0x4ebf823b7b42d177111efef0be5334d1bac1c6cb</p> 
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<p>Besides the initial investment, the current value of those tokens now exceeds $800,000. Consequently, the estimated profit and loss amounts to an impressive $838,000, representing a 1,673% return in about one month.&nbsp;&nbsp;</p> 
<p>Additionally, the price of PEAS itself skyrocketed by 4,800% from its low to an all-time high reached on January 28th. Hence, the trader wisely began locking in profits by selling 28,029 PEAS worth approximately $151,277 from December 30th until now. Nonetheless, the wallet still holds a sizable position of 96,605 PEAS, now valued at $783,000.</p> 
<p>Moreover, PEAS may have further room to run according to recent updates. The token was listed on the Poloniex exchange per an <a href="https://x.com/crypto_alerting/status/1751891806399164451?s=20" target="_blank" rel="nofollow">announcement</a> from the Crypto Exchange Listing Bot on the X platform (formerly Twitter}.&nbsp;</p>  
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<p>At the time of writing, Peapods Finance’s PEAS token is trading at <a href="https://coinmarketcap.com/currencies/peapods-finance/" target="_blank">$10.39</a>, according to the latest data from CoinMarketCap. Besides surging over 12% in the last day alone, PEAS has seen immense trading volume exceeding $3.4 million over the past 24 hours. Hence, substantial interest and momentum are driving the formerly obscure Polkadot competitor.</p> 
<p>In contrast, Polkadot’s native DOT token has headed in the opposite direction lately. Polkadot is priced at <a href="https://coinmarketcap.com/currencies/polkadot-new/" target="_blank">$6.71,</a> declining nearly 3.6% over the same 24-hour period per CoinMarketCap.&nbsp;</p> 
<p>This trader’s well-timed bet on the overlooked Polkadot challenger PEAS generated life-changing returns over a short period. Their continued holdings suggest further upside if PEAS sees additional adoption.</p> 
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<p>The post <a href="https://captainaltcoin.com/how-crypto-trader-yielded-over-800k-with-dots-rival-token/">How Crypto Trader Yielded Over $800K with DOT’s Rival Token</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

How Crypto Trader Yielded Over $800K with DOT’s Rival Token

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