An anonymous cryptocurrency trader has made significant profits on various tokens using the Lookonchain platform. Most impressively, he increased his $62,000 investment in GOAT coin to $5.14 million when its market capitalization was below $2 million. The trader also used similar strategies on tokens such as ai16z, Fartcoin and aarc, generating millions of dollars in returns. What’s noteworthy is that the trader still holds positions in ai16z and Fartcoin. Recently, the trader has continued to explore undervalued opportunities. Recent purchases included tokens such as create, pippin, SANDY, MOLE and FORGE. Here are all the details…
Trader traded GOAT coin and these cryptos
Using Lookonchain’s platform, an anonymous cryptocurrency trader has made significant profits on a variety of tokens, demonstrating a keen eye for spotting potential. The trader’s most impressive achievement was turning his $62,000 investment in GOAT into a staggering profit of $5.14 million. By buying $GOAT when its market capitalization was below $2 million, the trader capitalized on a massive price spike before exiting the position entirely. Similar strategies were applied with ai16z, Fartcoin and arc, each of which generated millions of dollars in returns. Interestingly, the trader is currently holding the remaining positions in ai16z (2.65 million tokens) and Fartcoin (2.65 million tokens).
So, what are these coins? Ai16z is the first venture capital DAO run by AI agents. The project is managed by an AI agent “pmairca” and aims to leverage AI and collective intelligence to make investment decisions. Fartcoin appeared on the Solana Blockchain on October 18, 2024 by an anonymous developer, referring to the meme coin controversy. Goatseus Maximus (GOAT) is a new meme coin created by Pump.fun user @EZX7c1 and adopted by an AI bot called Truth Terminal. ARC is a cryptocurrency used as a medium of exchange in cryptocurrency projects and businesses.
Now, the trader buys five different coins
The trader’s recent activity suggests a continued focus on uncovering undervalued opportunities. Recent purchases include $create, $pippin, $SANDY, $MOLE and $FORGE. Cryptocurrency enthusiasts are closely watching the trader’s address to see if new purchases emerge and potentially repeat their success. It’s important to remember that past performance is not indicative of future results and that investing in any cryptocurrency carries its own risks.
To stay up-to-date with the breaking news, follow us on Twitter, Facebook, and Instagram. Join our Telegram and YouTube channel
