After spending only $3k in the GNON meme coin, crypto trader achieved a trading jackpot, which grew to $9M in just three days.
The enthusiasm surrounding Meme currencies remains persistent, and they have consistently provided the most exceptional crypto trading experience. A crypto trader recently generated $9 million in GNON in just three days, which explains the enthusiasm surrounding these meme-themed cryptos.
It transpired when the market began to favor the bulls, as the user’s sentiments were slightly excessive. The investor’s portfolios were enriched with new gains due to the significant increase in the value of numerous tokens.
Intriguingly, this significant profit-making incident does not result from a single trader. In a mere four hours, another memecoin investor transformed $296 into $620K, indicating the crypto market’s profitable nature.
How Did The Crypto Trader Achieve This Trading Jackpot?
Two days ago, Lookonchain, a renowned crypto page, disclosed this crypto trading windfall, causing a shockwave among thousands of readers. According to the analytics page, the crypto trader achieved a 3000X return on his initial investment by converting $3K into $9M within three days.
More importantly, the individual made the correct decision by investing in the Solana meme coins, the most sought-after category this year.
Even though the crypto trader purchased 56 million $GNON into three crypto wallets, one of which was recently launched and less popular. He amassed over $9 million in three days by maintaining most of these tokens (55.18M). However, it is one of the most uncommon occurrences, as not all investments result in substantial profits, particularly meme coins.
What is the current performance of the GNON token?
Numogram (GNON) is a recent addition to the cryptocurrency market, having been introduced only four days ago. Nevertheless, it has secured a place in the hearts of traders due to its immediate upward trend after the exchange listing. It is intriguing that over 13.5K individuals are currently holding this token, with more purchasers than sellers, as the Geckoterminal charts indicate.
Furthermore, it is currently valued at $0.06056, with a market capitalization of $61.11M and a trading volume of $55.64M. Nevertheless, the value has decreased since Lookonchain reported on the crypto trading windfall incident.
Consequently, the value of the 55.18M tokens must have decreased to $3.3M if he continues to possess them. This decrease in the crypto trader’s holdings illustrates the fluctuation of asset performance in the crypto market.
