The crypto trading industry is approaching its peak, with the rumored bull run to hit at the beginning of 2025. However, even before that, the bulls started to show dominance under the influence of Uptober, whose result is clearly visible in many crypto investor’s portfolios. One such investor figured out the right trend, making $3.9M with a newly launched token, GOAT, shocking his peers. More importantly, his buying history reveals that he bought this token at a high price but still managed to bag heavy gains within six days.

Crypto Trading Rewarded Crypto Investor With $3.9M

The Crypto Market is full of surprises, where users’ sentiments about a particular token decide its worth. Recently, a new crypto token, Goatseus Maximus (GOAT), has been in the limelight due to its decent start, leading to continuous gains ever since. 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.

As per Lookonchain, this trader made smart money by spending 603 $SOL ($86K) to buy 10.7M $GOAT and turned that into millions. With the growing Goatseus Maximus price, the trader sold a portion of the total holding as the token neared 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 span.

This smart money made $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 past 8 hours, leaving 10M $GOAT($2.74M).

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 is worth around $3.7M at the current price. Collectively, it has made him $3.9M in just six days of crypto trading. However, that is not all, as he has another trade, which brought his gains even higher. Lookonchain’s post also revealed that the trader made another $411K on BILLY after he sold 7.3M tokens for $593K after four months of buying.

With this, the crypto investor has made a 3360% profit on GOAT and 226% on BILLY, ending the trade with $4.3M in pockets.

Goatseus Maximus Price Hit New ATH

Goatseus Maximus is one of the trending Solana meme coins today, where it reached a new ATH of $0.3797 just a few minutes ago. It happened after the GOAT price surged by 285% in the last seven days following the hype around its listing on crypto exchange Crypto.com, giving it an additional push on the ongoing rally. The token is presently valued at $0.3771 and has moved slightly away from the ATH to consolidate this high demand. Moreover, its market cap and trading volume are also at the peak, currently at $377.14M and $156.68M.

This continuous surge has turned many crypto investors into millionaires. One such is the crypto trading achievement of this investor, who made $2.42M from just $727 in this Goatseus Maximus token. More importantly, he achieved this in four days as he identified the trend while it developed.

What’s In There For You?

At present, the Goatseus Maximus is one of the most profitable tokens, as its constant gains have made the best trading experience for many holders. With its 285% price jump over the week, a crypto investor made $3.9M, revealing how meme-based cryptocurrencies are grabbing the biggest profits. More importantly, as the token hit an ATH a few minutes ago, the price might enter a consolidation past this high demand. However, if the bullish push continues, the GOAT price might continue toward a new high, presenting more opportunities for its holders. However, it is also important to understand the market trends, technical analysis, and much more is needed in crypto trading to save yourself from losses and make profits.

The post Crypto Investor Turned $86K Into $3.9M Within 6 Days But There’s More appeared first on CoinGape.

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Filed under: News - @ October 18, 2024 8:28 am