Trader turns 22,800 USD into 2.48 million USD thanks to memecoin TROLL

TapChiBitcoin
MEME-0,42%
TROLL0,24%

A trader turned 22,800 USD into 2.48 million USD in just 3.5 months thanks to memecoin $TROLL, achieving a profit of 109 times after a recent bullish surge. However, data from CoinGecko shows that the price of $TROLL has fallen by 0.30% in the past week, reflecting short term volatility.

Although the trader still holds 26.57 million $TROLL after selling 1.28 million, this strategy goes against the popular “pump and dump” trend. However, studies have peer-reviewed warnings about the “rug pull” risk, especially with hastily developed tokens.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments