A smart trader has gained popularity in the crypto market after earning $1.5 million profit from investing in Mubarak (MUBARAK)

Crypto analyst Onchain Lens recorded the investor's impressive trading journey and ability to grab opportunities early.

A smart trader has been making waves in the crypto market after profiting $1.5 million from investing in only four days.

Crypto analyst Onchain Lens recorded the investor's impressive trading journey and ability to identify and grab opportunities early.

This trader has made $1.5M in profit in just 4 days.

4 days ago, this trader spent 2 BNB to buy 20.84M MUBARAK tokens. So far, the trader has sold 7.84M MUBARAK for 4.7 BNB and currently holds 13M MUBARAK, which is worth $1.5M.

Address: https://t.co/846q737r8Z pic.twitter.com/d5PtNJfdCm

The trader turned $1,155 into millions

Four days ago, the trader used 2 BNB to purchase 20.84 million MUBARAK tokens. This move paid off quickly, as today, he sold 7.84 million MUBARAK for 4.7 BNB, realizing a profit. Due to the price growth, the trader still holds 13 million MUBARAK, which is valued at $1.5 million in unrealized profit.

The trader employed a strategy called crypto sniping to seize the opportunity early and make money before others. Smart investors use this strategy to quickly purchase lesser-known tokens or newly launched assets and sell them later for profit. While this approach can lead to massive gains, it demands expert knowledge and perfect timing.

This trader's activity showcases the fast-moving and profitable nature of the crypto world. His trade highlights how timing and a strategic approach can result in tremendous gains for individuals who are skilled in the game.

MUBARAK price updates

The virtual currency market continues to witness robust trading activity in the meme coin sector. On Saturday, March 15, Binance Alpha announced the listing of MUBARAK, a new meme coin, on its trading platform. The new listing triggered massive surges in the asset’s performance, attracting interest among investors and traders. Yesterday, Binance founder, CZ, drew widespread attention in the market following his purchase of two meme coins (TST and Mubarak) as part of his personal token holdings.

After the listing, MUBARAK saw a dramatic rise in value. Its market cap reached $52 million and later pulled back to $42 million. Despite the decline, the asset’s performance remains strong.

Besides its volatile market capitalization, the new meme coin registered a significant trading volume, reaching a high of $46.9 million within its first 24-hour trading. Its listing on Binance has expanded interest and exposure to the asset, leading to substantial buying and selling activity.

Just like other meme coins, MUBARAK’s market performance remains highly volatile. Although initial enthusiasm has fueled interest and a buying spree, long-term sustainability will depend on dynamics like market trends, future listings on other exchanges, and community support.