Jeo Boden

TRUMP

Status

Gains

MAGA

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investor-gains-significant-profits-from-meme-coins/" data-wpel-link="internal">Investor Gains Significant Profits from Meme Coins</a> 
On-chain <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> revealed significant gains. A meme coin investor attracted attention by achieving substantial profits in a <a href="https://en.coin-turk.com/solanas-downward-trend-continues-amidst-market-pressure/" data-wpel-link="internal">Solana</a> (SOL)-based meme coin, which saw a 51-fold increase since the beginning of the year. 
<h2 style="text-align: justify" id="wif-coin-and-profits">WIF Coin and Profits</h2> 
Lookonchain data showed that a meme coin investor purchased dogwifhat (WIF) in December 2023. The investor made various sales during the meme coin’s rise, achieving a 118,967% gain. 
<blockquote> 
 Each time WIF rose, this 1,000-fold winner sold part of WIF for profit. On December 8, 2023, they spent only $5,879 to buy 6.1 million WIF (now worth $23.7 million) and then sold 4.7 million WIF consecutively for $1.57 million. They still hold 1.4 million WIF worth $5.47 million. Their profit from WIF is approximately $7 million, a 1,197-fold gain! 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-358212" src="https://coin-turk.com/wp-content/uploads/2024/05/trump-coin-turk-com.png" alt="" width="936" height="420"> 
On January 10, WIF was trading at $0.069. As of the time of writing, this <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">price</a> level is calculated at $3.28, representing a 51-fold increase. 
<h2 style="text-align: justify" id="maga-current-status">MAGA Current Status</h2> 
Another situation revealed by Lookonchain involved an investor purchasing 119,000 MAGA (TRUMP) meme coins, representing former president Donald Trump, within two weeks and achieving six-figure gains, which have not yet been realized. 
<blockquote> 
 TRUMP’s price reached an all-time high again [May 29]! Someone withdrew 1.16 million USDT from Binance and spent 1.15 million USDT to buy 118,671 TRUMP at an average price of $9.69 over the past two weeks. They currently have an unrealized profit of $540,000 from TRUMP. 
</blockquote> 
TRUMP rose more than 7% in the last 24 hours and is trading at $15.51 as of the time of writing. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-358210" src="https://coin-turk.com/wp-content/uploads/2024/05/wif-coin-turk-com-1.png" alt="" width="920" height="411"> 
Finally, Lookonchain revealed that an investor made a total profit of $41.38 million from WIF transactions, including Jeo Boden (BODEN), inspired by US President Joe Biden, and Solana’s Bonk (BONK). 
<blockquote> 
 Smart money sold all 539,558 WIF [on May 28] for 11,708 SOL ($2 million) at $3.70 each. They made $24.1 million from WIF, $11 million from BODEN, and $6.28 million from BONK. 
</blockquote> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/investor-gains-significant-profits-from-meme-coins/" data-wpel-link="internal">Investor Gains Significant Profits from Meme Coins</a></h5>

Investor Gains Significant Profits from Meme Coins

Table of Contents

COINTURK NEWS

Other articles published on May 31, 2024

Is It Too Late To Buy SLOTH? Slothana Price Soars 13%, But Holders Pivot To New ICO Targeting 100...

Unlock Steady Passive Income with Crypto Staking: The Ultimate Guide to CryptoHeap

Top Meme Coins To Buy Now: Binance

Conference & Hackathon 27-30th March 2024 - ATLAS NAVI

This Is the Direction BONK Price Could Take Following 20% Decline

Solana (SOL) Eyes $216, Ethereum (ETH) Poised for 20% Upside, and Furrever Token (FURR) Disrupts ...

Join our free newsletter for daily crypto updates!