A trader made $2 million from meme tokens in just five months
Lookonchain analysts examined the trading ๐ patterns of an actual trader who dealt with 60 different ๐ถ meme coins. Despite only 33% of his trades being profitable, he still amassed ๐ฐ $2 million in earnings, largely due to significant gains from $BOME, $SLERF, and $MANEKI.
His ๐ง strategy included purchasing a meme tokens on a decentralized exchange (DEX) and selling it at ๐ต a profit during its price surge on a centralized exchange (CEX) listing. This method yielded $1.23 million from $BOME alone.
This case vividly demonstrates that success in trading meme tokens ๐คท without insider tips largely depends on whether you invest in a coin that ends up surging.