A veteran cryptocurrency trader surprised the community by using AI tokens to generate significant profits, with Lookonchain reporting gains of up to $17 million.
$GOAT brings $5.14M in profits
The trader started with $GOAT when its market cap was below $2 million, buying 11.1 million tokens for $62,000 and selling them at the peak for $5.2M, making a $5.14M profit.
$ai16z provides $4.5M profit
With a market cap of $22 million, the trader invested $123,000 in 6.17 million $ai16z. Selling 4.67 million tokens for $1.78 million, the trader made over $4.5 million while holding onto 2.65 million tokens worth $2.9 million.
Profits from $Fartcoin and $arc
As per Lookonchain, the trader invested $121,000 in $Fartcoin, receiving 9.46 million tokens. At a peak, 6.81 million were sold for $61,000, and holding 2.65 million tokens now valued at $3.55 million. Additionally, $212,000 was invested in $arc, purchasing 11.6 million tokens; selling 1.6 million resulted in keeping 10 million valued at $4 million.
In conclusion, the veteran crypto trader exhibited a successful strategy with low-cap tokens, balancing portfolio diversification and calculated decisions for substantial profits.
