A patient crypto trader managed to overcome a $1 million loss. The trader made $2.5 million on an AI coin investment. The trader invested $1.15 million two months ago. However, the altcoin faced a 90 percent loss with price fluctuations. However, the $ 1.15 million investment turned into $ 3.68 million as the token price rose 130 percent.
First a loss of $ 1 million, then a profit of $ 2.5 million!
The crypto market is making a name for itself thanks to decentralized transactions and high returns. But many investments don’t quite live up to expectations. On-chain analytics platform Lookonchain shed light on the trades of a patient crypto trader. The trader first faced a loss of $1 million. In the process, his portfolio lost 90% of its value. Interestingly, the trader’s patience paid off after a while. The price of the altcoin he invested in increased, bringing him a profit of $2.5 million.
In this context, Lookonchain reported that the crypto trader spent 5,441 SOLs, equivalent to $1.15 million, and bought 20.46 million PIPPINs. This purchase took place two months ago. However, with the volatility, the Solana coin Pippin lost 90% of its value. Thus, the investor incurred a loss of $1 million. However, Lookonchain remained patient as it considered the trader a ‘diamond hand’. To date, the trader has not sold any tokens. With Pippin’s recovery, the loss turned into a profit of $2.5 million. Within two months, the crypto trader turned $1.15 million into $3.68 million on the PIPPIN price pump.
Investors flocked, the altcoin price exploded!
Pippin is an AI agent that has been gaining attention in the crypto trading market lately. The token debuted just a few months ago. Although it has suffered losses, its demand has grown exponentially in the last few days due to the growing hype around AI cryptos. As a result, trading volume increased by more than 150%, reaching $116,980,268 today. The altcoin’s price also jumped 130%, from $0.091 to $0.21. This gave the token a market capitalization of $210 million.
Meanwhile, this surge allowed the trader to make a profit of $2.5 million. It’s worth noting that this is not a rare event in the crypto world. Similarly, another crypto trader made 3 million in just a few hours. However, besides the profit-making events, there are also losses that create the need for smart investments. Don’t forget to follow Kriptokoin.com to stay up to date with developments.
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