Crypto Trader Turned $90 Into $3.25M As Token Skyrockets 5,500%
Although Bitcoin’s impact is quite high on the crypto trading market, a few could create their own journey. This is exactly what a newly launched crypto token did: it surged 5,500% despite the crypto market crash and made millions for a crypto trader.
Crypto Trader Made $3.25M in Profits After Investing in UFD
Crypto trading is an intricate investment process that requires multiple strategies, correct timing, identifying opportunities, and much more to earn significant profits. However, there are incidents where traders have heavy returns in a finger snap. And this is what this crypto trader did, as he invested $90 in a newly launched Solana meme coin and earned $3.25M in profits after the token skyrocketed 5,500%.
Lookonchain, a famous crypto page, revealed this incident, in which the trader earned 36,067x returns over his UFD investment. More importantly, this happened within two days, leaving the netizens in shock. However, this is nothing new; investors have made such significant returns multiple times, including a crypto whale that earned 5M from the PENGU airdrop.
What can $90 get you?
This trader turned $90 into $3.25M in just 2 days by buying $UFD—an insane 36,067x return! #UFDhttps://t.co/wLEWwVnYAR pic.twitter.com/T1qs1Q7m1a
— Lookonchain (@lookonchain) December 19, 2024
What is Unicorn Fart Dust, and Why Does It Blew Up?
Over the years, many people have come to challenge the authenticity of crypto trading and become fans of its profit potential and use cases. The same happened with Basement Ron, a Gold enthusiast who wanted to prove that crypto is nothing and Gold is the real investment. To do so, he launched a Solana meme coin called Unicorn Fart Dust (UFD) and posted about this to let the people know how it failed. However, to his surprise, the token blew up within days, reaching a market cap of $500M. Moreover, the UFD price surged by 5,500%, making heavy returns for its holders, aka crypto traders.
The token currently trades at $0.1666 with a market capitalization of $165M after a 42% surge in the last 24 hours. It also has a trading volume of $53,519,706 per Coingecko, representing its high demand.
Interestingly, this is not the first time the crypto community has come together to prove someone wrong. Earlier, a GenZ kid launched a meme coin on pump.fun and attempted to use a rug pull scam. However, the crypto trading community pumped the token by 71,000%, leaving the kid with a minimal profit as he sold early.
What’s The Lesson Here?
Crypto trading is a vast industry, facilitating billions of trades. Some turn profitable, and others in loss. Here, the unpredictability and crypto market volatility make it even more challenging. However, a few with experience and crypto tradies strategies have made heavy returns, including this crypto trader who identified the opportunity in Unicorn Fart Dust (UFD) and turned his $90 into $3.25M. However, people must do proper technical analysis and research before investing.
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