A crypto trader achieved a remarkable profit of $4.36 million within a month by trading Solana-based Popcat (POPCAT), a meme cryptocurrency. This impressive gain was accomplished during a period of significant price movement for Popcat.
Initially, the trader invested 4.13 million USDC to acquire 6.11 million POPCAT tokens in mid-September at a price of $0.68 per token. This strategic purchase occurred within the USDC/POPCAT market, indicating a calculated risk in acquiring this meme coin.
The decision proved lucrative as the price of Popcat surged, surpassing the $1.40 mark by October 7, 2024. This dramatic increase allowed the trader to capitalize on their investment, leading to the substantial profit reported.
Источник: www.thecoinrepublic.com ↗