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Cryptocurrency News Articles
How This Meme Coin Trader Made $24,000,000 With Dogwifhat (WIF)
Aug 03, 2024 at 08:15 pm
Onchain analytics firm Lookonchain made a post revealing how 5 wallets, possibly belonging to a meme coin trader, made $24 million trading Dogwifhat (WIF).
A meme coin trader made a massive gain of $24,000,000 by trading Dogwifhat (WIF) in a remarkable seven-hour span, according to onchain analytics firm Lookonchain.
The trader's journey began on November 30, when they purchased 14.53 million WIF at an astonishing price of $5,340. As months passed, the value of WIF soared, driven by a relentless rally.
However, the good times came to an end as the value of dogwifhat started to drop, prompting the trader to sell their holdings a few hours ago. The total return from this trade was an incredible 4,497x.
Had the trader sold at the peak price, they would have realized a staggering gain of over $69,000,000, an astonishing return of 12,927x. This impressive 4,497x return propelled the asset's value to an impressive $24,000,000.
Disclaimer:info@kdj.com
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