Crypto trader turns $650 into $67K in 7 hours
As the cryptocurrency industry continues to grow, investors are finding opportunities to profit from carefully timing their crypto trades, as demonstrated in the example of one crypto trader making over $67,300 in just seven hours trading meme coins on the Tron (TRX) network. Specifically, trader ‘TEP7…T1da’ has spent 5,000 TRX, worth $650, to purchase 6.87 million Sundog (SUNDOG), after which they sold 4.57 million SUNDOG for 522,840 TRX, worth $68,000, thus earning 517,849 TRX, or $67,300, according to the data shared by Lookonchain in an X post on August 16. As the blockchain analytics platform pointed out, these trades took place over the course of a mere seven hours, during which the crypto trader made a 104 times return on their investment, and they are still holding 2.29 million SUNDOG, worth $76,000 in unrealized profits. Picks for you ...