How a cryptocurrency owner became a millionaire thanks to Elon Musk

An unknown user has earned $ 1 million on the TROLL token. This was noted by cryptocurrency analysts at Lookonchain.

on January 9, Elon Musk changed his signature on his X-account to «(CTO) Chief Troll Officer». Upon noticing this, the trader withdrew 4,313 ETH ($ 10,113) from Binance and spent 4.3 ETH to buy 19.37 trillion TROLL. The user then sold 9.37 trillion TROLL for 5,318 ETH ($ 12,467).

The price of the coins remaining on his balance was then $ 295. However, within ten days, the token’s price increased by more than 30,000%. Currently, he owns 10 trillion TROLL worth $ 1.03 million.

Earlier, Musk spoke about the possibility of using cryptocurrency on Mars. Initially, the billionaire was skeptical about this idea because of the length of time it takes to calculate bitcoin transactions. However, he later changed his mind. It is worth noting that Tesla, headed by Musk, is the third largest corporate bitcoin holder among public companies, owning 9,720 BTC. At the same time, Musk has not sold his digital currency holdings for about three years.