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Cryptocurrency News Articles

Crypto Trader Makes Millions Trading Pepe PEPE/USD, Mog Coin MOG/USD, SPX6900 SPX/USD and Wojak WOJAK/USD

Oct 18, 2024 at 02:52 am

The trader's biggest win came from trading PEPE, bringing in $2.19 million. They also earned $1.7 million from SPX, $1.37 million from MOG and $207,000 from WOJAK.

Crypto Trader Makes Millions Trading Pepe PEPE/USD, Mog Coin MOG/USD, SPX6900 SPX/USD and Wojak WOJAK/USD

A crypto trader has made millions trading Pepe (CRYPTO: PEPE), Mog Coin (CRYPTO: MOG), SPX6900 (CRYPTO: SPX) and Wojak (CRYPTO: WOJAK), according to Lookonchain analysis.

Biggest Gain: The trader made the most trading PEPE, earning $2.19 million. They also earned $1.7 million from SPX, $1.37 million from MOG and $207,000 from WOJAK.

On-chain data shows the trader acquired 10.1 million SPX between December 2023 and May 2024 for $57,000. They later sold 9.1 million SPX for $1.12 million, realizing a $1.7 million profit. In addition, they currently hold 318 billion PEPE, valued at $3.24 million, with $2.19 million in unrealized gains.

The trader also bought 802.4 billion MOG for $194,000 and sold part of the holding for $278,000. Their remaining MOG holdings, valued at $1.29 million, have generated an additional $1.37 million in profit.

Whale Trader Was Down $4.44M On ‘Shiba Inu Killer’ Dogwifhat — Here’s How They Turned It Into A Profit

The trader’s strategy of buying low and selling high has proven successful, especially with the rise in SPX. The trader’s ability to diversify their portfolio and make significant profits on multiple cryptocurrencies also underscores the potential profitability of savvy trading in the volatile crypto market.

As Scient, a crypto trader, noted with a 10% gain over the past seven days, Pepe could soon see significant movement, potentially creating more opportunities for profit.

$PEPEI I think we are almost there.

We either see a big breakout soon or a failed breakout attempt that sends us lower, but we see a decision soon. https://t.co/QU64xas2Pu pic.twitter.com/tajXc6U3rp

The Influence Of Meme Coins To Be Deeply Explored At Benzinga’s Future Of Digital Assets Event On Nov. 19

The meme coin community has played a major role in several crypto movements throughout 2023. While some traders have made millions trading meme coins, others have lost significant amounts of money.

At Benzinga’s Future of Digital Assets event on Nov. 19 at the Fontainebleau Miami Beach, we will be exploring the meme coin world like never before.

Some of the speakers that will be joining us for this special event include:

Dave Portnoy, Founder of Barstool Sports

Lex Sokolin, Global FinTech Co-Head at ConsenSys

Sebastian Castro, Head of Web3 at Warner Music Group

Shima Capital’s Managing Partner, Oren Shabat

WonderFi CEO, Ben Samaroo

And Many More!

Get Your Tickets Now Before They Sell Out!

News source:www.benzinga.com

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Other articles published on Nov 22, 2024