Trader Turns $13K Investment Into $2M With MEOW Meme Coin Investment On Base Blockchain
Portfolio Pulse from Mehab Qureshi
A cryptocurrency trader turned a $13,000 investment into over $2 million by trading the new memecoin Donotfomoew (MOEW) on the Base blockchain, achieving a 15,700% gain in a single day. The trader bought 499.9 million MOEW with 4 Ethereum (ETH) and sold part of it for a significant profit, while still holding a substantial amount of MOEW. The token was launched by Bitget Wallet with a cautionary note to potential buyers.
April 04, 2024 | 7:34 am
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A trader used 4 ETH to purchase 499.9 million MOEW tokens, turning a $13,000 investment into over $2 million in less than an hour. The transaction showcases the volatility and potential profitability of trading cryptocurrencies.
The transaction involving Ethereum (ETH) to purchase MOEW tokens and the subsequent profit made from this trade highlights the potential for high returns in the cryptocurrency market. This could lead to increased interest and trading volume in ETH in the short term as traders look for similar opportunities.
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