Many meme coin owners place bets in the hopes of making large returns with little initial outlay. Nevertheless, obtaining this is difficult since it calls for luck and investigation. Analysing the meme coin element on its own is insufficient because of its extreme volatility.
Still, a small percentage of traders and investors turn a significant profit. They were able to generate several gains from their modest investment.
How Solana Meme Coin Gave $34,500 for Just $18
HUMP holders have the potential to make enormous riches. This can be acquired quickly, particularly for traders who purchase HUMP in advance of its introduction or even before then and sell it when the meme coin’s price rises in the following weeks. A trader has a good chance of making thousands or even tens of thousands of dollars in a short period of time if they can hold onto HUMP and wait for the value to increase by 2500% from its previous level. You can get advice from other traders who invest in meme coins on other Solana networks, such as Book of Meme (BOME) or BONK, if you feel that waiting for HUMP to attain this value will take a long time and is not as promising. Both currently have quite an appealing value and rank among the top 100 meme currencies on the Solana network. The gains you may get from owning these two coins as one of the first owners could surpass $35,000. A wise investor has increased their investment in BOME’s pre-sale from 50 SOL to 767 SOL, according to a previous report from CryptoPotato. Looking at Solana’s current price of $175.03, the trader will make $134,248 with a capital of $8,751.5. Similarly, BONK, which was originally released at $0.000000086142, is currently trading at $0.0000228. An investor can now make $4,764 with a $18 investment. A day later, BOME attracted the interest of significant cryptocurrency exchanges, and its price skyrocketed when it was listed.
But given the way HUMP is currently developing, it’s possible that traders will make more money than they did with the two meme coins. With a current market value of $90.48, the live price of Hump is $ 0.01311 per (HUMP/UUSD). The 24-hour trading volume is $2.4 million, up around 24.31%. The hump has increased by +12.53% over the past day.
History on Dogwifhat: How $1,800 Turned Into $11 Million?
The on-chain analytics tool Lookonchain previously provided information that was disclosed in an It’s interesting to note that the trader attempted to impose a price limit on the sales of his tokens but was unable to do so. Having tried and failed to sell these tokens, he decided to keep them and move them to a different wallet. Considering the trader’s unrealized profit of approximately $10.9 million, that was a life-altering choice. The meme coin was still less than $0.2 at the time the WIF tokens were purchased. Because of WIF’s remarkable recent run, which culminated in an all-time high (ATH) of $2.37, the trader’s holdings have increased significantly. The joke coin’s journey may not be over yet, as noted by crypto analyst Bluntz Capital, who hinted that it may overtake Dogecoin (DOGE) as the second most valued meme coin. Furthermore, WIF continues to gain popularity as the cryptocurrency token was just listed on Binance, the biggest cryptocurrency exchange. This implies that there is still a chance for WIF to rise. According to Bluntz, the meme coin might be worth up to $5. It is undeniable that traders who hold their meme coin holdings and sell them when the price rises experience significant returns. These traders were able to turn a significant profit through study, speculation, or happenstance. But if you hold onto the meme coin for a long period of time, anyone can obtain it.
Click here to Buy Hump Token (HUMP):
Website: https://hump.io/
Twitter: https://x.com/Humptoken
Telegram: https://t.me/humptoken
The post Unbelievable! This trader recently turned $18 into a $34,500 success with a Solana Meme Coin appeared first on Crypto News Land.
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