Here’s how this crypto trader turned $3,000 into $2 million profit
A cryptocurrency trader has pulled off one of the most rewarding trades on Binance Smart Chain this week , turning a $3,000 investment into a $2 million profit. According to data from Dexscreener, wallet address 0x872a spent $3,060 worth of BNB to buy 16.86 million tokens of $4, a newly launched meme token trading on PancakeSwap. As the token skyrocketed in value, the trader strategically sold 5.12 million $4 tokens for 110 BNB, equivalent to about $118,700 at current prices. Even after taking profits, the trader still holds 11.75 million $4 tokens, valued at roughly $1.88 million, bringing the total profit to an estimated $2 million, a staggering 652x return on the initial investment. Crypto trade. Source: Lookonchain The $4 token itself has seen explosive trading activity, with over 79,000 transactions and more than $155 million in 24-hour trading volume. $4 soaring retail investor interest Currently priced around $0.16, the token’s market...