Investor Turns $278K into $2.44M with TURBO’s 10x Surge
The post Investor Turns $278K into $2.44M with TURBO’s 10x Surge appeared on BitcoinEthereumNews.com.
Amid a recent market downturn, the TURBO token has caught the crypto community’s attention with a massive 10x price surge. Now priced at $0.003716, TURBO has gained 6% over the past week, despite a minor 2.39% dip in the last 24 hours. With its ties to meme coins and AI, TURBO has emerged as one of the standout tokens of the year, bringing significant rewards to some investors. Are you excited to know more? Let’s hop in! Turning $278K Into $2.44M: A Winning Bet on TURBO One lucky investor turned a $278K investment into a staggering $2.44 million during TURBO’s meteoric rise. According to the AI analytics platform Spotonchain, the investor began purchasing TURBO tokens on May 5, 2023. Over the year, they accumulated 897.57 million tokens at an average price of $0.0004 per token. They held onto most of these tokens for 1.3 years, waiting for the right time to sell. That time came recently when they sold 695 million TURBO tokens on the OKX exchange for $2.65 million. This sale at $0.003 per token marked a 10x increase from the original purchase price, resulting in a profit of $1.1 million. Mixed Fortunes While the TURBO investment paid off, the investor’s other holdings haven’t done as well. They still hold $142,800 worth of Ethereum and USDT but are facing a 94% loss on these due to Ethereum’s recent price drop. Despite these losses, the investor’s overall profit and loss (PnL) remains strong, at $2.575 million with a 906% gain. Looking Ahead: Will TURBO Keep Rising? Even with its recent dip, TURBO continues to perform well, showing promise for future growth. As a meme coin linked to AI, it has gained popularity, peaking at an all-time high of $0.00978 just three months ago. The token has seen robust growth, helped…
Filed under: News - @ September 11, 2024 4:17 pm