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A large cryptocurrency owner has increased his own profit 920 times on the TERMINUS memo coin

12:22 pm, September 23, 2024

Note: not investment advice!

An unknown trader earned more than $ 124,000 in just two weeks by investing in the TERMINUS meme token. Thus, the profit of the digital token owner increased 920 times.

According to Lookonchain analysts, on September 8, the trader spent only $ 135 to buy the tokens. on September 20, a Dogecoin designer under the nickname DogeDesigner posted a tweet suggesting that Elon Musk might name the first city on Mars «Terminus». This caused a sharp jump in the token’s value by more than 10,000%.

Thus, the trader’s assets were estimated at $ 124,300 after this significant growth. Such dynamics demonstrate how news and rumors, especially those involving figures such as Elon Musk, can affect the cryptocurrency market, including meme tokens.

This is not the first case of significant profits on meme tokens. For example, a trader previously earned $ 5.6 million on the DADDY token promoted by former kickboxer Andrew Tate. Other investors also made significant profits during the launch of the WaterCoin meme token on the Jupiter and Raydium exchanges, where one of the traders earned $ 2.9 million in 20 minutes of trading.

No Worries strongly advises readers not to invest their own funds in cryptocurrency projects on little-known digital assets!

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