The crypto trading industry is nearing its peak, with the rumored bull run set to hit at the start of 2025. Even before that, however, the bulls began to show dominance under the influence of Uptober, whose result is clearly visible in many crypto investors’ portfolios. One such investor figured out the right trend and made $3.9 million on a newly launched token, GOAT, that shocked his peers. More importantly, his buying history shows that he bought this token at a high price but still managed to make huge profits within six days.
Crypto Trading Rewards Krypto Investor With $3.9M
The Crypto Market is full of surprises, where users’ sentiments about a particular token determine its value. Recently, a new crypto token, Goatseus Maximus (GOAT), has been in the spotlight due to its decent start, which has led to continuous gains since then. As a result, this crypto investor also invested $86K in this newly launched token and made a crypto trading milestone earning $3.9M which is more than impressive.
According to Lookonchain, this trader made smart money by spending 603$ SOL ($86K) to buy 10.7M $GOAT and turned it into millions. With the growing Goatseus Maximus price, the trader sold a portion of the total holding as the token approached the ATH. Just a few hours ago, he sold 0.7M $GOAT for 1,453 $SOL, worth $222K, making impressive gains in such a short period of time.
This smart money earned $2.88M(+3360%) on $GOAT and $411K(+226%) on $BILLY!
He spent 603 $SOL($86K) to buy 10.7M $GOAT ($3.75M at peak) 6 days ago and sold 0.7M $GOAT for 1,453 $SOL($222K) in the last 8 hours, making 10M $GOAT (left $2.74) M).
He also spent $182K to buy $7.3M BILLY 4 pic.twitter.com/j2bMoKpTfs
— Lookonchain (@lookonchain) October 17, 2024
More importantly, he still holds 10M $GOAT, which at the current price is worth about $3.7 million. Collectively, this made him $3.9 million in just six days of crypto trading. However, that is not all, because he has another trade, which brought his profits even higher. Lookonchain’s post also revealed that the trader made another $411K on BILLY after selling 7.3M tokens for $593K after four months of buying.
With this, the crypto investor made a profit of 3360% on GOAT and 226% on BILLY, ending the trade with $4.3M in pockets.
Goatseus Maximus Price Hits New ATH
Goatseus Maximus is one of the popular Solana meme coins today, where it reached a new ATH of $0.3797 just a few minutes ago. This happened after the GOAT price surged 285% in the past seven days following the hype surrounding its listing on the crypto exchange Crypto.com, giving it an additional push on the ongoing rally. The token is currently valued at $0.3771 and has moved slightly away from the ATH to consolidate this high demand. Moreover, its market capitalization and trading volume are also at the peak, currently at $377.14M and $156.68M.
This continuous boom has turned many crypto investors into millionaires. One such is the crypto trading performance of this investor, who made $2.42 million from just $727 in this Goatseus Maximus token. More importantly, he achieved this in four days, as he identified the trend as it developed.
What is there for you?
At the moment, the Goatseus Maximus is one of the most profitable signs, as its constant profits have made it the best trading experience for many holders. With its price jump of 285% over the week, a crypto investor made $3.9 million, revealing how meme-based cryptocurrencies are making the biggest gains. More importantly, since the token hit an ATH a few minutes ago, the price may enter a consolidation beyond this high demand. However, if the bullish pressure continues, the GOAT price could continue to a new high, offering more opportunities for its holders. However, it is also important to understand the market trends, technical analysis, and much more needed in crypto trading to save yourself from losses and make profits.
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Pooja Khardiya
With a deep-rooted passion for reading and five years of experience in content writing, Pooja is now focused on creating trending content about cryptocurrency market. As a dedicated crypto journalist, Pooja is constantly looking for trending topics and insightful statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advances in the field is an integral part of her daily routine, fueling a commitment to deliver timely and informative coverage
Disclaimer: The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication holds any responsibility for your personal financial loss.
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