cryptocurrency According to the incident noticed by the analysis company Lookonchain analysts, a crypto wallet managed to turn an extremely low capital into a fortune with great luck.
Wallet with address waxl.eth, worth $6,500 TRUMP He bought the token and sold them for $5.6 million with a profit of 870x.
According to Onchain data, the waxl.eth wallet purchased the 2.08 million TRUMP tokens by paying $6,500 with two different wallets. Then he sold TRUMP, worth $1.24 million, for $902,000. However, the lucky whale still has 832 thousand TRUMP in his wallet, and their value is around 4.7 million dollars at the time of writing.
To make things even more interesting, the same wallet in question was opened almost simultaneously. BasedAI (BASEDAI) He managed to reach high amounts in the altcoin named by using a very small principal amount. According to the data, the wallet purchased 249 thousand BasedAI by spending 4 thousand dollars. Then he sold 19,500 of them for 137 thousand dollars. Currently, the whale has 238 thousand BASEDAIs and their value is around 1.1 million dollars.
However, it should not be forgotten that memecoins, especially those used by the whale, are extremely risky assets and many more users lose money in these coins than winning users.
*This is not investment advice.
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