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MainNewsCrypto Inves...

Crypto Investor Nets $2M Profits in Memecoins BOME, MANEKI


Apr, 23, 2024
< 1 min read
by CoinEdition
  • Memecoin investors earn over $2 million, profiting from MANEKI and BOME trades.
  • Trader seizes opportunity with BOME listing on Binance, netting profits from DEX purchase and subsequent liquidation.
  • Despite setbacks, strategic investments in BOME, SLERF, and MANEKI prove profitable.

On-chain provider Lookonchain revealed the trading activities of a crypto investor which attracted considerable attention after earning over $2 million through trading meme coins. 

Analysis of recent transactions showed that the investor purchased MANEKI for 300 SOL, worth $45.6K, and sold it for 2,462 SOL at $381K. Moreover, Lookonchain noted that his most lucrative venture was BOME, which yielded a significant return of 6,495 SOL, valued at $1.23M.

Upon Binance’s announcement of the BOOK OF MEME’s (BOME) listing, the trader seized the opportunity to acquire 3,000 SOL worth of the token from DEX. Afterward, he promptly deposited it on Binance for profitable liquidation. 

Based on data from CoinMarketCap, BOME trades at $0.010281, reflecting a 21% price increase month-to-date. Over the past 30 days, there have been 15 ‘green days,’ where the daily closing price outpaced t…

The post Crypto Investor Nets $2M Profits in Memecoins BOME, MANEKI appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsCrypto Inves...

Crypto Investor Nets $2M Profits in Memecoins BOME, MANEKI


Apr, 23, 2024
< 1 min read
by CoinEdition
  • Memecoin investors earn over $2 million, profiting from MANEKI and BOME trades.
  • Trader seizes opportunity with BOME listing on Binance, netting profits from DEX purchase and subsequent liquidation.
  • Despite setbacks, strategic investments in BOME, SLERF, and MANEKI prove profitable.

On-chain provider Lookonchain revealed the trading activities of a crypto investor which attracted considerable attention after earning over $2 million through trading meme coins. 

Analysis of recent transactions showed that the investor purchased MANEKI for 300 SOL, worth $45.6K, and sold it for 2,462 SOL at $381K. Moreover, Lookonchain noted that his most lucrative venture was BOME, which yielded a significant return of 6,495 SOL, valued at $1.23M.

Upon Binance’s announcement of the BOOK OF MEME’s (BOME) listing, the trader seized the opportunity to acquire 3,000 SOL worth of the token from DEX. Afterward, he promptly deposited it on Binance for profitable liquidation. 

Based on data from CoinMarketCap, BOME trades at $0.010281, reflecting a 21% price increase month-to-date. Over the past 30 days, there have been 15 ‘green days,’ where the daily closing price outpaced t…

The post Crypto Investor Nets $2M Profits in Memecoins BOME, MANEKI appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ether Inflows Hit Record Levels as ETF Hype Grows

Ether Inflows Hit Record Levels as ETF Hype Grows

Insight from IntoTheBlock reveals that Saturday’s Ether (ETH) inflow of 140,660 ETH w...
May, 28, 2024
< 1 min read
by CoinEdition
Bitcoin Dominance to Wane as Altcoins Gear Up for Rally, Analyst Says

Bitcoin Dominance to Wane as Altcoins Gear Up for Rally, Analyst Says

According to Dan Gambardello, a cryptocurrency analyst, the crypto market is entering...
May, 28, 2024
< 1 min read
by CoinEdition