The post Trader Turns $244 Into $220,000 With XBT appeared on BitcoinEthereumNews.com.

The cryptocurrency market is in another bull run, and while large caps are showing bullish strength, low-cap meme coins are grabbing the headlines with their jaw-dropping returns. A new Solana meme coin, XBT ($XBT), has emerged as the latest low-cap gem, with early buyers already seeing life-changing returns within hours. One trader invested $244 into XBT and has since seen their investment grow 900x, now worth over $220,000. However, sidelined investors aren’t sure whether XBT is still a safe investment and could just be another daily runner. Among its alternatives that haven’t exploded just yet, Solaxy has emerged as one of the best Solana meme coins to buy now with 100x potential.  Early XBT Buyers Make A Fortune — But Is It Still A Good Investment? The aforementioned trader, who turned his $244 investment into $220k, isn’t the one early XBT buyer who made life-changing gains.  Another small-scale trader invested just $94 into the meme coin and later sold his holdings for $73.4k, netting a cool 776x gains.  Similarly, another early XBT buyer turned his $510 buy into $70,600.  XBT is currently trading at $0.023, with a market capitalization of $23 million. Elliot Wave counts reveal that the sidelined may have another bull rally to benefit from.  For the uninitiated, the Elliott Wave Theory claims that market prices follow a predictable pattern of five impulsive waves in the direction of the trend, followed by three corrective waves against it, driven by collective investor psychology and sentiment cycles. While four impulsive waves have already played out, the fifth and final bullish leg may be imminent. However, according to Elliott Wave Theory, this would likely be followed by a three-wave corrective phase—potentially causing the meme coin to crash hard in value. Moreover, there’s always a chance that new meme coins like XBT…

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Filed under: News - @ May 17, 2025 8:17 am