Crypto trader increases profit 630 times thanks to szn memo coin

Note: not investment advice!

An unknown trader increased his meme-coin deposit 630 times in just 15 hours. The investor invested $ 809 in the szn token on the TRON network and managed to increase his capital to more than $ 510,000. This was reported by the analytical company Lookonchain.

According to analysts, the trader spent 3,600 TRX — the equivalent of $ 809 — to buy 46.4 million szn tokens. Soon after, he began a gradual exit from the position, selling 12.5 million tokens for 400,890 TRX, which was about $ 94,000 at the time.

Despite partial profit-taking, the trader still had 33.9 million szn tokens in his wallet, with an estimated value of about $ 416,000, which is significantly higher than his initial investment.

This example clearly demonstrates how high-risk investments in new and often speculative meme coins can bring huge profits in a short time. At the same time, such a strategy requires close monitoring of the market and readiness to respond quickly to changes.

Earlier, the U.S. Securities and Exchange Commission stated that it does not consider meme coins to be securities. This opens up space for further activity of traders in this category of crypto assets, although it leaves risks for less experienced investors.

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