The crypto market continues to be a breeding ground for volatility and high-reward opportunities, drawing in both experienced and new investors. Recently, a “Smart Investor” captured the spotlight by earning $5.467 million through strategic trading in PEPE, SPX, MOG, and WOJAK coins. Here’s a breakdown of how this investor achieved such impressive returns and the strategies used to maximize profit.
Massive Gains with PEPE Coin
Popular in the crypto space, PEPE continues to offer significant profit potential. The Smart Investor began accumulating PEPE on December 10, 2023, and currently holds a total of 318 billion PEPE across two wallets. These PEPE tokens are now valued at $3.24 million, with an impressive profit of $2.19 million to date. The strategy behind the investor’s PEPE holdings is a long-term approach, focusing on steady accumulation. Despite PEPE’s high volatility, the investor’s ability to time the market has led to substantial gains.
What a smart money!
Made $2.19M on $PEPE, $1.7M on $SPX, $1.37M on $MOG, and $207K on $WOJAK!
1/ Let’s dig into his trades to see what he is buying! pic.twitter.com/s9YMC3ZbhM
— Lookonchain (@lookonchain) October 17, 2024
SPX and MOG: $1.7 Million in Combined Profit
The investor’s second-largest gain came from SPX tokens. Between December 19, 2023, and May 21, 2024, the investor spent $57,000 to buy 10.1 million SPX tokens. As SPX prices rose, they sold 9.1 million SPX for $1.12 million. The remaining 1 million SPX is currently valued at $636,000, bringing the total SPX profit to $1.7 million. The strategy was straightforward: buy when prices were low and sell during the price rally, which has been validated by the recent increase in SPX prices.
Similarly, MOG token has been another profitable investment. The investor began buying MOG on January 22, spending $194,000 to accumulate 802.4 billion MOG tokens. After selling 154 billion MOG for $278,000, they now hold 648.4 billion MOG tokens, worth $1.29 million. The total profit from MOG trades stands at $1.37 million. Once again, the investor successfully anticipated price movements, securing substantial profits.
4/ This smart money has been accumulating $PEPE since Dec 10, 2023, and currently holds 318B $PEPE($3.24M) in 2 wallets, with an unrealized profit of $2.19M.https://t.co/c4GtQgGPUZhttps://t.co/bq2ocgxQfQ pic.twitter.com/GXOpDbM2J4
— Lookonchain (@lookonchain) October 17, 2024
WOJAK Token Adds Another $207,000 in Profit
WOJAK also played a significant role in this investor’s portfolio. Since December 19, 2023, the Smart Investor has purchased 352.69 million WOJAK tokens for $248,000. These tokens are currently worth $455,000, resulting in a profit of $207,000. The WOJAK strategy followed the same pattern: long-term accumulation and selling at the right moment.
The Takeaway
This Smart Investor’s impressive gains highlight the potential of meme coins like PEPE, SPX, MOG, and WOJAK when backed by strategic trading decisions. Long-term accumulation, combined with well-timed sales, can result in massive profits, even in the highly volatile crypto market.
5/ This smart money started trading $MOG on Jan 22, spent $194K to buy 802.4B $MOG and sold 154B $MOG for $278K.
He currently holds 648.4B $MOG($1.29M), with a profit of ~$1.37M. pic.twitter.com/lM0LC6hQOo
— Lookonchain (@lookonchain) October 17, 2024
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