An early investor sold WIF for $142,000 at a valuation of $23.25 million
The trader invested about $1,170 in memcoin at an early stage of trading. He acquired 8.18 million WIF for 20 SOL.
An unknown trader spent 20 SOL (about $1,170) to buy 8.18 million WIF. The successful transaction was reported by Lookonchain analysts.
The 8.18M $WIF this trader sold for 2,031 $SOL($142K) at 10x profit now worth 23.25M USD!
— Lookonchain (@lookonchain) March 14, 2024
He spotted $WIF 5 days after it opened trading and spent 20 $SOL($1,173) to buy 8.18M $WIF.
When $WIF increased 10x, he sold all $WIF for 2,031 $SOL($142K), making 2,011 $SOL($141K).
If… pic.twitter.com/vOTQTlcKu3
According to them, the investor purchased the tokens five days after the opening of trading. When Dogwifhat (WIF) grew tenfold, he decided to sell his savings for 2031 SOL (about $142,000). Thus, the net profit amounted to approximately $141,000.
Since the listing of WIF on exchanges, including Binance, the asset has grown tenfold. On March 14, 2024, the asset updated its historical maximum, approaching $3.45, according to TradingView. For comparison, in December 2023, it was trading near $0.15.
According to a post on X (formerly Twitter), a trader could earn $23.25 million by selling tokens near ATN. To do this, he needed to hold the asset for several months.
Source: https://incrypted.com/rannij-investor-prodal-wif-za-142-000-pri-ocenke-v-2325-mln/
