Crypto News: Meme Coin Trader Made 200,000 USD in 5 Minutes

The crypto market is on the up again. After Bitcoin continued to fall over the past two months, yesterday there was a trend reversal. The largest cryptocurrency by market capitalization is back at 66,000 USD and most altcoins are benefiting from this. The meme coin season is also in full swing again and one trader has taken advantage of this. He earned over 200,000 USD in 5 minutes with a manageable investment. Profits that have been seen more and more often recently on the meme coin market.

Crypto News: 1,470 dollars invested

Word has now spread that you can make life-changing returns on the crypto market. This can happen particularly quickly with meme coins. Although the risk is greater here, as anyone can bring a new token onto the market and these can become worthless just as quickly as they rise, if you are successful you can multiply your capital in a short space of time. This is also shown by the current example of a trader who invested just 1,470 USD and turned it into over 200,000 USD within 5 minutes.

The trader bought $TOBI for $1,470 and the price exploded immediately afterwards. Just 5 minutes after his purchase, he was able to sell the meme coin, which he first bought for 9 SOL, for 1,238 SOL, thus making 137 times his capital.

Stories like this are becoming more frequent again at the moment, as meme coins are still in high demand, which has been apparent all year round.

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