An attempt to expose the weakness of crypto against gold ends with a trader converting $90 into $3.25 million

An attempt to expose the weakness of crypto against gold ends with a trader converting $90 into $3.25 million

SOL/USD

-4.36%

ELON/USD

-4.35%

Despite the great impact that Bitcoin has on the digital currency trading market, there are new cryptocurrencies that have been able to achieve exceptional successes in record time despite the decline in Bitcoin in the past period.

This is exactly what happened with a newly launched cryptocurrency, which rose 5,500% despite the market crash, resulting in a gain of $3.25 million for one trader.

Trader Makes $3.25 Million From UFD Investment

Cryptocurrency trading is a complex process that requires multiple strategies, proper timing, and the ability to identify opportunities to make big profits. However, sometimes, unconventional success stories occur. This is what one trader did, investing just $90 in a new meme coin on the Solana network and making a profit of $3.25 million after the coin surged by 5,500%.

According to cryptocurrency page Lookonchain, the trader made a 36,067x return on his UFD investment. Notably, this all happened in just two days, surprising the crypto community. While this is not the first of its kind, investors have made similar gains in the past, including a crypto whale who made $5 million from a PENGU token drop.