Cryptocurrency trader increased his own profit by 437,000% thanks to a little-known digital token

Note: not investment advice!

An anonymous crypto investor turned $ 800 into more than $ 3.5 million by investing in the popular MooDeng meme coin. According to Arkham Intelligence, a trader identified by the initials Db3p bought MOODENG tokens shortly after their release for 6 SOL, which brought him a profit of over 437,000%.

At the time of writing, the value of one MOODENG token is $ 0.114, up 37% over the past day and more than 230% over the past week. This cryptocurrency is based on the image of a small hippo from the Khao Kheow Zoo in Thailand, and the project team plans to allocate part of the trading fees to the zoo’s maintenance.

Despite the significant successes of some traders in the meme virtual asset market, these investments remain extremely risky and volatile, and many traders suffer significant losses due to emotional decisions during trading.

Earlier, we reported that a crypto trader achieved an incredible success by turning an investment of 0.2 SOL (approximately $ 29) into over 866.13 SOL ($ 125,000) in just three minutes. The impressive achievement, which brought him a profit of 4330 times his initial capital, was made possible by trading the MBAPPE meme coin.

No Worries strongly advises readers not to invest in dubious cryptocurrency projects and little-known digital assets!