Shiba Inu

FLOKI

PepeCoin

<ul><li>Trader 0x522 capitalized on meme coin volatility, earning $3.39M, demonstrating strategic trading proficiency.</li><li>The success underscores the lucrative potential and allure of meme-based cryptocurrencies for investors.</li><li>Market conditions show significant surges in PEPE, FLOKI, and SHIB, highlighting meme coin prominence.</li></ul>Spot On Chain, an on-chain data platform, has observed a notable increase in trading activity, notably highlighting the success of a skilled trader known as 0x522. This trader took advantage of market volatility, earning a substantial profit of $3.39 million within a brief span of 10 days. During this period, the trader deposited 500 billion <a href="https://cryptotale.org/pepes-potential-surge-echoes-doges-remarkable-journey-says-analyst/" rel="noopener noreferrer nofollow">PEPE</a> tokens, valued at $4.26 million, into Binance.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/183609f265ba4b11a796b941ec6a4a96.png" />This transaction underscores the lucrative potential of meme-based cryptocurrencies and the opportunities they present for astute investors. Notably, the trader has displayed strategic prowess by timing their movements adeptly. Despite a recent withdrawal of PEPE tokens, amounting to a staggering $3.39 million in profits, the trader still retains a substantial holding of 100 billion PEPE tokens, valued at $1.05 million.<a href="https://cryptotale.org/smart-trader-nets-3-39m-profit-amidst-memecoin-surge/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Smart Trader Nets $3.39M Profit Amidst Memecoin Surge

CryptoTale

Other articles published on Mar 14, 2024

Dogecoin Set to Become a Payment Option for Tesla Vehicles, Confirms Elon Musk

Surge in Solana’s Market Value Overtakes Crypto Market Trends

Robinhood Stock Undervalued As Cryptocurrency Play, Analyst Says: 'Crypto Market Cap To Reach $7....

Bittensor, Fetch.ai bullish despite dip as AltSignals offers buy opportunity

Hivemapper Maps 15% of Global Roads in 14 Months

Penn Medicine Commits to Transparent Use of AI in Healthcare

Join our free newsletter for daily crypto updates!