Here Are The 3 Crypto Tokens That Earned A Trader $42 Million Profit In One Year

In
cryptocurrency
trading,
remarkable
success
stories
often
emerge,
showcasing
the
potential
for
significant
returns.
One
such
story
is
that
of
an
anonymous
crypto
trader
who
recently
managed
to
turn
a
portfolio
of
$23
million
into
$65
million
over
the
course
of
a
year,
according
to

insights
from
Lookonchain,
a
crypto
analytics
platform.

This
$42
million
profit
highlights
the
trader’s
smart
money
move
in
the
volatile
crypto
market.
The
trader
leveraged
strategic
investments
in
tokens
such
as

PEPE,
ONDO,
and
BEAM
to
achieve
substantial
gains.

Maximizing
Returns
Through
Precise
Market
Timing

This
trader’s
journey
began
with
a
strategic
crypto

investment
in
PEPE,
which
alone
yielded
a
return
of
$60
million.
The
trader
demonstrated
a
deep
understanding
of
market
trends
and
token
potential
by
capitalizing
on
market
timings
and
price
fluctuations.

Notably,
the
trader’s
investment
in
PEPE
resulted
in
a
1203%
return
in
gains.
Initially
investing
2,434
ETH
(valued
at
approximately
$5
million)
to
acquire
3.97
trillion
PEPE,
the
trader
sold
125
billion
PEPE
for
350
ETH,
or
around
$1.27
million,
at
peak
prices.

The
remaining
holdings
in
PEPE
were
valued
at
$56.43
million,
according
to
data
from
Lookonchain.

What
a
smart
trader!

In
just
1
year,
his
portfolio
grew
from
$23M
to
$65M,
earning
$42M!

–
Made
$60M(+1203%)
on

$PEPE!

–
Made
$5.8M(+288%)
on

$ONDO!

–
Made
$1.85M(+72%)
on

$BEAM!

1/
Let’s
dig
into
his
trades.????

pic.twitter.com/ahSmmwsJIz

—
Lookonchain
(@lookonchain)

May
24,
2024

In
addition
to
PEPE,
the
trader
diversified
their
crypto
portfolio
by
investing
in
ONDO
and
BEAM,
each
offering
different
returns
and
market
behaviors.
The
investment
in
ONDO
resulted
in
a
$5.8
million
profit
with
288%
return
on
investment
(ROI),
showcasing
effective
diversification
and
asset
selection
strategies.

While
BEAM
provided
the
least
returns
among
the
three,
it
still
contributed
positively
to
the
trader’s
portfolio.
An
initial
investment
led
to
a
72%
ROI,
which,
although
smaller
relative
to
PEPE
and

ONDO,
demonstrates
the
importance
of
portfolio
diversification.

It
is
worth
noting
that
such
diversification
in
crypto
helps
balance
the
risks
and
enhance
the
overall
stability
of
investment
returns
across
different
market
conditions
in
the
crypto
market.

The
3
Crypto
Tokens
Performance
Overview

Among
the
three
tokens
the
trader
utilizes
to
secure
substantial
returns
on
investment,
PEPE
has
emerged
as
the
leading
performer,
followed
by
ONDO
and
BEAM.

Recently,
PEPE
has
achieved
notable
milestones,
ascending
to
new
all-time
highs.
Over
the
last
week,
the
asset
has

experienced
a
surge
of
over
40%,
and
an
additional
4%
increase
in
the
past
day,
reaching
a
new
peak
at
$0.00001526.

Despite
this
recent
uptick,
PEPE’s
value
has
receded
by
6.8%
from
its
highest
point,
now
trading
at
$0.0000144.

PEPE
price
is
moving
sideways
on
the
2-hour
chart.
Source:
PEPE/USDT
on

TradingView.com

Meanwhile,
ONDO
marked
a
new
all-time
high
earlier
today
at
$1.15
but
has
since
retracted
by
2.7%,
with
its
current
price
at
$1.12.
This
represents
a
substantial
15.8%
increase
within
a
single
day,
cementing
a
week-long
upward
trend
that
has
seen
the
token’s
price
climb
by
nearly
20%.