The trader spent 207 ETH to buy 128 million CULT tokens

Editor’s note: not financial advice!

During the Asian trading session, the trader with the wallet «0×572» spent 207 ETH $3,864.00 Bridged Ether (StarkGate) -3.55% Market capitalization $0.34 billion VOL. 24 hours $1.92 billion , which is $ 754,000, to buy 127.89 million CULT tokens. Thanks to this transaction, his unrealized profit is currently estimated at $ 1.76 million.

In addition to CULT tokens, the trader’s portfolio includes MOG, which has grown by 244%, and PEPE $0.0000003341 Based Pepe -9.64% Market capitalization $0.14 billion VOL. 24 hours $0.38 billion , which has added 187% to its profit. These assets have made a significant contribution to the investor’s financial success.

Such significant gains indicate the high risk and potential reward associated with investing in cryptocurrencies. Despite market volatility, meme tokens remain attractive to traders seeking high returns in a short time.

The cryptocurrency market continues to demonstrate rapid changes, providing opportunities for active investors, but also requiring caution due to possible risks.

Earlier, we reported that on Monday, December 9, the Pepe meme token reached a new all-time high, breaking the $ 0.28 mark. Lookonchain analysts reported a trader who earned $ 73 million on this token.

Thus, on April 15, 2023, the investor invested $ 3,000 in the purchase of 4.91 trillion PEPE. Over time, he sold assets in parts, exchanging a total of 3.03 trillion tokens for $ 27.5 million. In the last transaction, 100 billion PEPE brought him $ 2.8 million. The trader’s wallet is now holding 1.88 trillion PEPE worth $ 45.66 million, bringing his total profit to $ 73 million and his return on investment to an impressive x24,656.

The No Worries editorial team strongly advises readers not to invest their own funds in dubious crypto projects and little-known digital assets!