• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Successful Trader Earns $17.5 Million from AI Cryptocurrencies

user avatar

by Giorgi Kostiuk

a year ago


A crypto market trader surprised everyone by earning $17.5 million through strategic AI cryptocurrency trading. Lookonchain's analytics platform revealed details of these successful trades.

Early Trades Yield $17.5 Million Profit

Lookonchain noted the trader's strategy involved entering the market early and exiting at the right time. The major profit came from investing in GOAT. By putting $62,000 into 11.1 million tokens when the market capitalization was under $2 million and later selling it for $5.2 million, the trader secured a net profit of $5.14 million.

“The trader entered early and exited timely, which was key to the entire profit.”

Successful AI Cryptocurrency Investments

The trader invested $123K in ai16z at a market cap of $22 million, acquiring 6.17 million tokens. Selling 4.67 million tokens for $1.78 million, while holding the remaining 2.65 million ($2.9 million), led to a total gain of over $4.5 million.

For Fartcoin, the trader made an early entry at a market cap beneath $7 million, buying 9.46 million tokens for $121K. Selling 6.81 million for $610K while holding 2.65 million ($3.55 million) resulted in profits of more than $4 million.

Finally, investing $212,000 in Arc Token at a $15 million market cap, the trader acquired 11.6 million tokens. Selling 1.6 million for $212,000 while retaining 10 million valued at $4 million netted a $4 million profit.

Trader’s Next Purchases

This trader doesn't seem to be stopping anytime soon, recently turning their focus to emerging tokens like Create, Pippin, SANDY, MOLE, and FORGE. By continually identifying undervalued AI coins with strong growth potential, this trader exemplifies precision and timing in the crypto space.

“The trader continues to impress with their pinpoint accuracy in cryptocurrency selection.”

The cryptocurrency market continues to draw investors' attention with opportunities for significant capital gain. This trader’s success shows the importance of strategic market insight and timing for achieving substantial financial rewards.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Threatens to Break Previous Monthly Cycle High

chest

Bitcoin is nearing a critical point where it may break the previous monthly cycle high of 61,359, a first in its history.

user avatarAndrew Smith

Taylor Lindman Appointed as Chief Counsel of SEC Crypto Task Force

chest

Taylor Lindman has been appointed as the new Chief Counsel of the SEC's Crypto Task Force, focusing on compliance and legal guidance for digital assets.

user avatarJacob Williams

Potential Changes in Bitcoin Derivatives Markets Following CLARITY Act

chest

Market expert MartyParty highlights that the CLARITY Act could lead to significant changes in Bitcoin derivatives markets, enhancing CFTC authority and encouraging institutional participation.

user avatarZainab Kamara

Crypto Investment Funds Face Continued Outflows Amid Market Slowdown

chest

Crypto investment funds have faced a fifth consecutive week of net outflows, totaling approximately $4 billion over five weeks, with a significant decline in trading activity.

user avatarAyman Ben Youssef

Blockchain Association Unveils New Tax Principles for Digital Assets

chest

The Blockchain Association has introduced a framework to guide lawmakers on digital asset taxation as discussions around the CLARITY Act continue.

user avatarSon Min-ho

Market Leverage Ratio Declines, Indicating Reduced Speculative Positioning

chest

The Estimated Leverage Ratio in the crypto derivatives market has sharply declined, suggesting a reduction in speculative positioning and a calmer market environment.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.