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<p>In crypto trading, stories of massive gains sometimes seem unbelievable. <a href="https://twitter.com/lookonchain/status/1775051782735163655" target="_blank" rel="noopener noreferrer nofollow">A recent report from LookOnChain</a> has shed light on a trading feat that can only be described as extraordinary. According to the analysis, a trader known as @LarpVonTrier managed to turn a mere $353 investment into a staggering $8.4 million in just six days – a mind-boggling gain of 23,770x.</p>
<p>The trader’s journey began on March 27th when they tweeted about their intention to hunt for promising gems on the Base blockchain, specifically targeting projects with a market capitalization of less than $5,000. True to their word, @LarpVonTrier set their sights on KEYCAT (Keyboard Cat), a recently launched <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 that had been online for only two days and boasted a meager $2,200 market cap at the time.</p>
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<p>With an initial investment of 0.1 ETH (approximately $353), the trader acquired 1.3 billion KEYCAT tokens, representing 13.16% of the total supply. This bold move would later prove to be a masterclass in identifying and capitalizing on a potentially lucrative opportunity.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="500" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-102-1024x500.png" alt="" class="wp-image-466580" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-102-1024x500.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-102-300x146.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-102-766x374.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-102-1536x750.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-102-2048x999.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-102-307x150.png 307w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-102-100x49.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-102-717x350.png 717w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-102-788x384.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-102.png 1668w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>The trader’s strategy involved selling a portion of their KEYCAT holdings, offloading 344.7 million tokens across two wallets for a total of 497 ETH (approximately $1.75 million). However, the true magnitude of their success becomes apparent when considering the remaining 971.2 million KEYCAT tokens, spread across six wallets, which are now valued at a staggering $6.64 million.</p>
<p>As a seasoned crypto trader, I can attest to the rarity of such astronomical gains in such a short timeframe. While the world of meme coins and low-market-cap projects is undoubtedly high-risk, @LarpVonTrier’s story serves as a testament to the potential rewards that can be reaped through meticulous research, strategic positioning, and a keen eye for emerging opportunities.</p>
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<p>It’s worth noting that the trader’s success with KEYCAT was not without its setbacks. LookOnChain’s report reveals that prior to the KEYCAT trade, @LarpVonTrier had incurred losses of $820 (-23%) on NORMIE and $9,700 (-84%) on NORMILIO, both Base-based projects. This underscores the importance of a diversified portfolio and the ability to bounce back from losses in the volatile crypto market.</p>
<p>While tales of overnight crypto millionaires often leave a trail of skepticism, the verifiable on-chain data provided by LookOnChain lends credibility to this extraordinary trading journey. As the crypto space continues to evolve, stories like @LarpVonTrier’s serve as a reminder of the potential for life-changing gains, albeit amidst substantial risks.</p>
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<p>The post <a href="https://captainaltcoin.com/crazy-how-this-crypto-trader-turned-353-eth-into-8-4-million-in-just-6-days/" rel="noopener noreferrer nofollow">Crazy! How This Crypto Trader Turned $353 ETH Into $8.4 Million in Just 6 Days</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crazy! How This Crypto Trader Turned $353 ETH Into $8.4 Million in Just 6 Days

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