Crypto trader makes record profit on ELIZA memo coin

Note: not an investment advice!

An unknown trader was able to turn approximately $ 1900 into more than $ 3.67 million by investing in the ELIZA meme-coin. He managed to increase his deposit by 1925 times in just two hours.

According to Lookonchain, the trader first spent 7.84 SOL $135.15 Binance-Peg SOL -1.91% Market capitalization $0.15 billion VOL. 24 hours $0.26 billion to buy 89.19 million ELIZA tokens. Then he sold 49.49 million ELIZA for 7091 SOL (about $ 1.72 million) and continued to record profits.

Currently, the crypto investor has at least 420,000 ELIZA left on his wallet, which are valued at more than $ 37,000.

It is worth adding that some participants in the X discussion suggest that this wallet may belong to an insider or the developer of the asset.

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

We would like to remind you that an unknown cryptocurrency trader earned about $ 1.48 million on the little-known virtual asset SPX. This happened despite the growing volatility and speculation in the market.