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Cryptocurrency owner earned $ 20 million in a week on a little-known digital asset

2:41 pm, August 22, 2024

Note: not investment advice!

Recently, one of the crypto traders made a profitable transaction, turning $ 1,690 into more than $ 20 million in less than a week. The investor purchased 104.33 million SUNDOG tokens for the amount, and today his assets are estimated at $ 20.6 million. A portion of these assets worth $ 1.08 million was sold, but the cryptocurrency owner still owns $ 19.52 million worth of tokens.

Interestingly, this growth is taking place amid a general decline in cryptocurrency markets. For example, the price of SUNDOG jumped by more than 60% just yesterday, which is reminiscent of the previous success of the Solana blockchain’s meme token, dogwifhat (WIF), which reached a market capitalization of $ 4.5 billion before dropping significantly.

In addition, new meme tokens appear on the Tron platform — Sun Token and Coconut Chicken. So far, 20,152 tokens have been created on SunPump, and the platform has already generated $ 1.3 million in revenue. Although this amount is still significantly less than the revenue of Solana Pump. fun, which has collected $ 99.7 million in fees, the growing attention to meme tokens on the Tron platform and the support of a significant incentive program point to further growth in this sector.

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

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