Solana

Renzo

Rise

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/exploring-the-rise-of-meme-coin-millionaires-in-the-crypto-market/" data-wpel-link="internal">Exploring the Rise of Meme Coin Millionaires in the Crypto Market</a><br></p>
<p style="text-align: justify"><a href="https://coin-turk.com/bitcoin-yuzde-76-etkisi-btc-adeti-hizla-artiyor" data-wpel-link="internal">Bitcoin</a> halving’s aftermath has seemingly turned eyes back to the cryptocurrency markets. Investors making large gains from cryptocurrencies in a short time continue to attract attention. One investor made a small investment that again yielded a massive income, which was caught by famous on-chain trackers.</p> 
<h2 style="text-align: justify" id="became-a-meme-coin-millionaire">Became a Meme Coin Millionaire</h2> 
<p style="text-align: justify">Especially in March, the crypto world fully experienced the cryptocurrency craze. A notable meme coin trader turned an $8,524 investment into a value of $12.8 million in just weeks, capturing all the attention.</p> 
<p style="text-align: justify">According to information revealed by the blockchain company <strong>Lookonchain</strong>, a trader made significant profits following the trading of Pepe (PEPE), the market’s third-ranked meme coin.</p> 
<blockquote> 
 <p>jwynn.eth (@JamesWynnReal) initially spent $8,524 to buy 2.83 trillion PEPE and sold 1.81 trillion PEPE for $4.57 million. He currently holds 1.02 trillion PEPE ($8.25 million) in three wallets. His total profit from PEPE is ~$12.8 million, a 1503-fold gain!</p> 
</blockquote> 
<h2 style="text-align: justify" id="new-meme-coin-creates-wealth-in-the-market">New Meme Coin Creates Wealth in the Market</h2> 
<p style="text-align: justify">According to another piece of information from Lookonchain, another investor made significant gains last month on Solana (<a href="https://en.coin-turk.com/trading-frenzy-on-jupiter-exchange-amid-memecoin-airdrop-event/" data-wpel-link="internal">SOL</a>) with transactions of the newly emerged meme coin Book of Meme (BOME), which also saw significant interest in Turkey.</p> 
<blockquote> 
 <p>This trader made over $2 million from trading meme coins! Not an insider! Let’s see how real traders do meme coin trading…</p> 
 <p>He made the most money by earning more than 6,495 SOL ($1.23 million) from BOME. He spent 300 SOL to buy BOME and sold it for 6,795 SOL. After <a href="https://en.coin-turk.com/what-is-sui-coin/" data-wpel-link="internal">Binance</a> announced the listing of BOME, he spent 3,000 SOL to buy BOME from <a href="https://en.coin-turk.com/how-to-use-dex-exchange/" data-wpel-link="internal">DEX</a> (decentralized exchange) and deposited it for sale on Binance.</p> 
</blockquote> 
<h2 id="img-loading-lazy-loading-lazy-decoding-async-class-aligncenter-size-full-wp-image-344655-src-https-coin-turk-com-wp-content-uploads-2024-04-bome-coin-turk-com-png-alt-width-773-height-323"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-344655" src="https://coin-turk.com/wp-content/uploads/2024/04/bome-coin-turk-com.png" alt="" width="773" height="323"></h2> 
<h2 style="text-align: justify" id="investor-seizes-ezeth-opportunity">Investor Seizes EZETH Opportunity</h2> 
<p style="text-align: justify">Lastly, Lookonchain highlighted another point. A trader acting quickly in decision-making made a notable move before the price of Renzo Protocol’s restaked <strong><a href="https://coin-turk.com/sicak-gelisme-mujde-dev-banka-kripto-para-hizmetlerini-baslatti" data-wpel-link="internal">Ethereum</a> token</strong> (EZETH) regained price parity with Ethereum (ETH).</p> 
<p style="text-align: justify">Before this process, following a drop on April 24, he made a transaction that would earn him more than $390,000.</p> 
<blockquote> 
 <p style="text-align: justify">czsamsunsb.eth, after the price of EZETH (Renzo Restaked ETH) dropped, earned 121.65 ETH in just two hours! He successfully bought 4,221 EZETH for 4,099 ETH and earned 121.65 ETH!</p> 
</blockquote> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/exploring-the-rise-of-meme-coin-millionaires-in-the-crypto-market/" data-wpel-link="internal">Exploring the Rise of Meme Coin Millionaires in the Crypto Market</a></h5>

Exploring the Rise of Meme Coin Millionaires in the Crypto Market

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