Crypto trader makes $4.4 million in a month trading this meme coin
While it is no secret that the cryptocurrency market can provide some lucrative opportunities for a savvy investor, some traders are proving to be savvier than others, including one that has managed to profit a staggering $4.4 million in less than a month trading one particular meme coin. Specifically, this crypto whale has profited $4.36 million by trading Popcat (POPCAT) after spending 4.13 million USDC to buy 6.11 million POPCAT at the price of $0.68 three and a half weeks ago, according to the data shared by blockchain analytics platform Lookonchain in an X post on October 6. Indeed, the Solana (SOL) meme coin saw a significant increase in price since then and has recently broken through $1.40, making a new all-time high (ATH), which allowed this smart money to make a 106% return in less than a month, considering that their purchased POPCAT is now worth about $8.49 million. Picks for you ...