$ETH #kaiju
0.1 What can Ethereum do? One investor made $8.3 million by 23,770x in just six days: Here are the altcoins he bought and his trades!
While investor craze for the mem token continues, the craze spread from the Solana (SOL) network to the Base network.
At this point, one investor turned his $353 into $8.39 million in 6 days, despite the recent rise in popularity of the mem token on the Base network.
Lookonchain shared the investor’s transaction and his purchase of mem tokens.
Accordingly, an investor named LarpVonTrier exchanged 0.1 ETH ($353) on Base for $8.39 million in just 6 days, representing a 23,770x gain.
“On March 27, LarpVonTrier tweeted that he would be looking for some Base-based meme tokens with a market cap (MCap) below $5,000.
The first piece of jewelry he bought was KEYCAT.
At the time, KEYCAT was only 2 days old and its MCap was only $2,200. Investors subsequently spent just 0.1 ETH ($353) to purchase 1.3 billion KEYCAT (13.16% of the total supply).
He then sold 344.7 million KEYCAT through 2 wallets for 497 ETH ($1.75 million).
“971.2 million KEYCATs (9.71% of total supply) remain in 6 wallets and are currently worth $6.64 million.”
Lookonchain said that before buying KEYCAT, LarpVonTrier purchased altcoins called NORMIE and NORMILIO, which are also in the Base network, but lost $820 (-23%) on NORMIE and $9,700 (-84%) on NORMILIO.
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