This Trader Turned a $2K Investment into $3.2M in 10 Hours by Trading a Metaverse Token

Even as major cryptocurrencies like Bitcoin have remained subdued, some traders are finding success in alternative tokens.

A trader managed to turn a $2,137 investment into over $3.2 million within 10 hours, capitalizing on the rapid price surge of Hyperfy (HYPER) tokens following their launch on Raydium.

The HYPER token debuted on January 6 on Raydium, a decentralized exchange on the Solana blockchain. The token, which is linked to the Hyperfy metaverse and gaming platform, quickly gained traction.

Within a few hours of launching, the HYPER token surged to an all-time high of $0.26 before stabilizing at $0.19, according to CoinGecko. The trader敏锐地抓住了代币价格的快速上涨，在十小时内出售了 1788 万枚 HYPER 代币，共获得 10286 枚 SOL，按当时的价格计算，约为 221 万美元。此外，该交易者还保留了 412 万枚 HYPER 代币，价值超过 100 万美元。

Hyperfy's strong debut also pushed its market capitalization past $198 million, according to data from CoinGecko. The launch and performance of the HYPER token reflect growing interest in metaverse and blockchain-based gaming.

XRP Attracts Attention with Positive Market Sentiment

While major cryptocurrencies like Bitcoin have remained subdued, some traders are finding success in alternative tokens. For instance, in December 2024, another trader managed to transform a $27 investment into $52 million during the Pepe (PEPE) memecoin rally.

These isolated success stories showcase the opportunities available for traders who can precisely navigate emerging tokens, even when the broader crypto landscape appears stagnant.