Without pause, the Litecoin-inspired meme coin $LESTER has surged to an impressive $100 million market valuation.
A Litecoin-inspired meme coin called $LESTER has managed to reach an impressive market valuation of $100 million, leaving many traders amazed by this development.
One particular trader, who goes by the handle FWuPs…TDf6y, has managed to capitalize on the rising price of $LESTER, making some calculated trades that have brought in some extraordinary returns. This trader managed to sell off their holdings at near-peak prices just five hours prior, turning an initial investment of 55.18 SOL (which is roughly around $13,201) into a staggering profit of $556,000—marking a jaw-dropping return on investment of 4,109.7%.
The strategy that this trader used was quite sharp and disciplined. They observed two distinct surges in the price of $LESTER, and with each surge, they progressively sold off portions of their holdings. During the first two waves, they managed to sell at five times the initial price, and on the third run, they doubled their gains before fully exiting the market. This approach showed a deep understanding of the market momentum and the timing needed to maximize their gains.
Over the last seven days, this individual has managed to accrue a total profit of $1.45 million through player-versus-player (PVP) trading, despite maintaining a modest win rate of only 30%. Their performance has managed to outshine many other high-frequency traders, proving that calculated risk-taking and precise timing can outweigh sheer volume or accuracy in trading.
The meteoric rise of $LESTER and the profits earned by smart money traders highlight the potential of meme coins to deliver outsized returns—if approached with strategy and caution.
This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
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！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
