Super lucky coin trader! He spent 600 yuan to buy 'this coin', and two weeks later he became a billionaire.

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Invest 644 yuan and earn over 100 million New Taiwan Dollars in two weeks

A lucky Cryptocurrency trader invested $19.8 (about NT$644) in a Solana Blockon-chain meme coin within two weeks and eventually made over $4 million (about NT$130 million) in profits, realizing the dream of wealth for many encryption enthusiasts. The trader's Wallet Address starts with '6r3W', and he purchased Peanut the Squirrel ($PNUT) meme coin on October 31st when the coin's Market Cap was less than $10,000.

Image source: Solscan. A netizen spent 644 yuan at the end of October to purchase $PNUT and successfully obtained 130 million yuan.

$PNUT coinMarket Cap soaring, traders holding coin unchanged

$PNUT is a meme coin inspired by a pet squirrel. This squirrel named Peanut has over 500,000 followers on social media and has gained widespread attention due to being confiscated and euthanized by authorities in New York. Even Elon Musk said on X, 'A squirrel and a meme saved America!' It even became a political topic before the US presidential election. Vice President-elect JD Vance said at the time that Trump was 'very follow' on this matter.

Click here for more stories about 'Peanut' the squirrel influencer.

Image source: X. Musk says squirrels saved America.

During this period, the Market Cap of $PNUT coin rose from USD 120 million to USD 180 million, but the lucky trader still chose to hold the coin instead of selling it, demonstrating great patience and confidence.

Waiting until $PNUT becomes one of the first Pump.fun Tokens to undergo Spot trading on Binance, the price soared 247% within a few hours, and the Market Cap reached $530 million the next day. At this point, the trader began to gradually sell his $PNUT holdings.

Source: Solscan After $PNUT was listed on Binance, users started dumping their own $PNUT.

Finally cash out, staged a real version of 'overnight riches'.

As New York officials announced on Thursday (11/14) that Peanut was not infected with rabies, the angry emotions on social media once again drove the $PNUT coin price up by 390%, with the Market Cap soaring from $462 million to over $2.2 billion. Taking advantage of this trend, the lucky trader sold his $PNUT coins in batches within 16 hours, using the average cost method to reduce the impact of market fluctuations on profits. In the end, he turned his initial investment of $644 into a wealth of over $130 million, achieving incredible returns.

Source: Solscan After officials in New York announced that Peanut did not have rabies, netizens dumped their $PNUT holdings.

This Wallet processes thousands of transactions every day, mainly trading low Market Cap Tokens on the Pump.fun platform. Some of these investments have brought decent returns, but never reached the million-dollar level. Now, this trader has become a billionaire, but from his recent Wallet activities, it seems that he is still investing a small amount of $SOL (Solana's native Token) in various meme coins of interest, and has not stopped trading despite getting rich.

【Disclaimer】There are risks in the market, and investment needs to be cautious. This article does not constitute investment advice. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their specific situation. Investing based on this is at your own risk.

'Super lucky coin trader! He spent 600 yuan to buy 'this coin', and two weeks later he became a billionaire.' This article was first published in 'encryption city'.

SOL2.95%
W3.31%
PNUT5.23%
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GateUser-2c0d7ebbvip
· 2024-11-19 08:46
Ambush 100x coin 📈
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EDU_MSDA_CRYPTOvip
· 2024-11-15 09:41
excellent information
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