Crypto Investor Turns $1.3K into $12.45 M in Just 17 Days with Moo Deng Memecoin

by

As a seasoned crypto investor with a knack for spotting trends and making strategic moves, I can’t help but feel a tinge of envy when I hear about stories like this one. The investor who made $12.45 million from just $1.3K in 17 days with the Moo Deng memecoin is a perfect example of why I keep my eyes glued to the screen day and night.

Cryptocurrency trading involves a fascinating and complex series of events that impact an investor’s returns. A single mistake could wipe out an entire investment, but a well-timed, strategic move could result in earnings ranging from thousands to millions. For instance, a savvy crypto investor successfully predicted the trends and made a timely bet which earned him over $12.45 million in just 17 days from a new Memecoin called Moo Deng.

Crypto Investor Made $12.45 Million From Just $1.3K

In the current trend of crypto market recovery, various cryptocurrencies have seen an increase in value. Yet, one shrewd investor took a different route by putting his money into the recently debuted Moo Deng memecoin. This coin has quickly gained popularity in the market. In just 17 days, this initial $1,300 investment skyrocketed to an astonishing $12.45 million, serving as a striking example for others to follow.

This crypto trading news came to people’s attention with the Lookonchain X post, which revealed that the crypto investor spent  9.8 Solana tokens worth $1,331 to buy 38.7M $MOODENG. He got these tokens on September 10 and sold 104K $MOODENG for 112 $SOL($17.9K) on September 27, leaving 38.64M in his holdings. Per the Lookonchain post, these 38.64M MOODENG were worth $9.5 Million on September 27. However, the price has grown much higher in the last 24 hours, making these worth $12.44 Million.

Turned $1,331 into over $9.5M in only 16 days, a 7,140x return! #MOODENG
This guy spent 9.8 $SOL($1,331) to buy 38.7M $MOODENG on Sept 10 and sold 104K $MOODENG for 112 $SOL($17.9K)today, leaving 38.64M $MOODENG, worth more than $9.5M!
— Lookonchain (@lookonchain) September 27, 2024

In just 17 short days, his initial $1331 has skyrocketed to an astounding $12,457,900, representing a staggering 9359-fold return on the investment. Yet, there’s debate and speculation about this investor potentially being involved in insider trading, given the MOODENG pool’s limited liquidity of only $1.8 Million, making it challenging to quickly sell such a substantial investment.

To clarify, it’s significant to note that he isn’t the sole individual reaping substantial profits from this widely recognized token. In fact, another cryptocurrency investor managed to earn $400,000 starting with an investment of $800, suggesting a growing trend for this emerging token in the marketplace.

How Is Moo Deng Memecoin Performing Today?

The Moon Deng memecoin originates from an adorable baby Hippo that has swept the internet with its charm. Transforming from a popular internet meme into a cryptocurrency, it’s been making waves in the market recently. Despite being relatively new, there’s high demand for this coin, and its holders have already seen substantial returns – including myself as an investor.

Crypto Investor Turns $1.3K into $12.45 M in Just 17 Days with Moo Deng Memecoin

Currently, as I’m typing this, the MOODENG token is being traded at $0.322. Earlier today, it reached an all-time high of $0.3387 – a peak it attained merely two hours ago. Now, it’s experiencing its peak time following a staggering 865% increase over the past week. This surge has elevated its market capitalization to a massive $317,294,658 and its trading volume to an impressive $188,944,027. The significant boost can be attributed to its recent listing on well-known crypto exchanges like Raydium and others.

Now, the crypto investor is left with an investment worth $12.44 million at the present market value. This reduction in holdings amounts to a total gain of approximately $12,456,569.

Final Thoughts

A crypto investor has shocked the netizens with his highly profiting story, where he has made more than $12.45 Million in seventeen days in meme coins, where he had only invested $1.3K. The investor has put his trust into a newly launched MOODENG token, insure from a baby Hippo, which is viral on the internet. The same hype has entered the crypto trading for this token, where it has just recently hit an ATH of $0.3387, making millions for its holders. This is the condition these days when the market is not entirely bullish, making the traders excited for the upcoming Uptober and crypto market rally.

Read More

2024-09-28 16:02