Trader Turns $8K into $4M in 22 Days With One Bold Bet

1 month ago 20

Rommie Analytics

After more than four months of wallet inactivity, the trader made a sudden move by withdrawing 68.8 SOL from Binance. Just 22 days ago, they spent 54 SOL (~$8,191) to acquire 14.62 million LAUNCHCOIN when the token’s market cap was still under $500,000.

Shortly after the purchase, LAUNCHCOIN began to skyrocket, eventually peaking at a market cap of over $300 million.

The trader started realizing profits once the token hit a $200 million valuation. So far, they’ve sold 2.5 million LAUNCHCOIN for 3,465 SOL (~$617,000).

Despite the sales, they still hold 12.12 million tokens, currently valued at around $3.5 million.

Key Stats:

Initial investment: $8,191 Total sold so far: $617,000 Remaining holdings: $3.5 million Total profit (realized + unrealized): $4.1 million

This trade highlights the explosive potential of micro-cap tokens in early stages—but also the razor-thin window and high risk involved in capturing such gains.

The post Trader Turns $8K into $4M in 22 Days With One Bold Bet appeared first on Coindoo.

Read Entire Article