Highlights
In an unprecedented mover, a trader, “dimethyltryptamine.eth,” has once again garnered noteworthy attention among crypto market participants with his diversification of crypto funds. Notably, the mentioned trader, with a mind-blowing record of 107,000x profit with Pepe coin trading, has now purchased significant amounts of WOJAK coin in the past 24 hours, selling MOG.
This latest move by ‘dimethyltryptamine. eth’ has sparked a global crypto frenzy, given the remarkable track record of turning $251 into $26.9 million with Pepe coin trading. It’s also worth mentioning that Pepe coin and Wojak coin were on a price rally today.
According to the data offered by Lookonchain, the trader sold Mog coins to buy 200 million WOJAK in the past 24 hours via Uniswap.
It’s worth noting that apart from PEPE and WOJAK, Mog coin’s price also rallied phenomenally over the past day, adding a layer of intrigue to the trader’s diversification of investments.
Notably, Lookonchain’s insights pointed out that the trader spent 0.125 ETH, worth $251, to buy 5.9 trillion PEPE earlier. Further, 3.95 trillion PEPE have been recorded to have been sold to date for 2,505 ETH, worth $4.7 million. The trader currently holds 2 trillion PEPE, worth $22.2 million. Concerning these investment strategies, the trader’s seismic shifts toward the Wojak coin have, in turn, fueled optimistic sentiments among crypto investors on the WOJAK token’s future price action.
Also Read: Tron Founder Justin Sun Holds 665K ETH Sparking Discussions, What’s Next?
As of writing, Wojak coin’s price noted an uptick of 47.45% in the past 24 hours and is currently trading at $0.0006937. PEPE’s price illustrated gains worth 17.04% in the past 24 hours and is currently trading at $0.00001101. Simultaneously, Mog coin’s price surged 46.39% over the past day to $0.0000008385.
The trader’s investment strategies, combined the illustration of signs of a bull run by abovementioned coins, have echoed a sense of frenzy across the global crypto horizon. Also, concerning the traders’ colossal holdings, further pumps may be expected in these tokens.
Speculations of the trader having insider knowledge have prevailed within the crypto market, although no solid proof has been offered to validate the same.
Also Read: Will the U.S. SEC Bypass ‘Security’ Concerns to Approve Spot Ethereum ETF?
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