$1.69K to $20 Million in Just 6 Days – Meet the Trader Who Struck Gold with $SUNDOG
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
A trader called TT4S5 just struck gold with $SUNDOG, and obscure meme coin that helped them turn a $1,690 initial investment into a huge bag worth $20.6 million.
The trader transformed their modest initial investment into a multi-million dollar fortune in just 6 days, as per an X post by Arkham.
This trader turned $1.69K of SUNDOG into $20 MILLION in 6 days
TT4S5 was one of the earliest SUNDOG buyers & purchased 104.33M tokens for $1.69K.
They currently hold $19.52M of SUNDOG across 7 addresses, and also sent $1.08M SUNDOG to exchanges – for a total profit of $20.60M. pic.twitter.com/ny9HW7qP8R
The traded appeared to take $1.08 million of profits, whilst holding onto the bulk of their bag across 7 wallets.
That marks an incredible 12,189x return on investment. TT4S5 really struck gold with $SUNDOG.
According to DEXTools, $SUNDOG’s market cap was last around $200 million. At one point on Monday, it went as high as $324.4 million.
The meme coin is one of the first big movers of the rising meme craze on the Tron blockchain.
TT2S5’s 12,189x return on $SUNDOG is an exceedingly rare event in meme coin markets.
For a trader to have bought that early, and been able to hold on that long without taking profit as their unrealized gains ballooned is quite something.
Many traders might have already cashed out at 10x. And the vast majority would be out well before 100x.
Is there any surefire way for traders to emulate TT4S5’s success?
Sadly, no. Otherwise everyone would be doing it.
TT4S5 struck gold with $SUNDOG out of sheer luck.
Of course, they may
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