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Cryptocurrency News Articles
Investors Flips $368 to $2 Million in 3 Days Trading This SUI Meme Coin: Here's How
Oct 03, 2024 at 09:00 am
According to Lookonchain, an impressive trading feat was accomplished recently. They recounted how one savvy investor tutned an initial investment of just 198 SUI tokens—equivalent to $368—into $2 million in just three days through trading the $HIPPO memecoin on the Sui blockchain.
A recent trading activity has highlighted the potential for astronomical gains in the cryptocurrency market. According to data shared by Lookonchain, an investor managed to turn an initial investment of just 198 SUI tokens, valued at approximately $368, into an impressive $2 million in just three days by trading the $HIPPO memecoin on the Sui blockchain.
This trader purchased 253.5 million $HIPPO tokens with their 198 SUI tokens. Subsequently, they sold 119.6 million of those tokens for 175,000 $SUI, which is roughly equivalent to $325,000. After the sale, the trader still had 133.9 million $HIPPO tokens, which were valued at approximately $1.7 million at the time.
Overall, this trader managed to generate nearly $2 million in profit from their initial investment in the $HIPPO memecoin in just three days.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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