Making money in the cryptocurrency market is as much a matter of luck as it is of making the right investment decisions.
At this point, a top investor known by the Ethereum address dimethyltryptamine.eth has made significant profits in two separate altcoins.
According to Lookonchain's post, 90 days ago this legendary investor invested in the $SPX token.
Accordingly, the value of $SPX tokens held by investors who spent 15.6 $ETH (approximately $47,000) to purchase 3.64 million $SPX tokens increased to $1.27 million, indicating a 26-fold increase in just three months.
This investor had previously attracted attention with another investment. Having previously spent only 0.125 $ETH (about $251) to buy 5.9 billion $PEPE tokens, this investor earned 2.614 $ETH (about $5 million) by selling 3.94 billion $PEPE tokens.
The investor, who still holds 1.97 billion $PEPE worth 19.9 million dollars, has made his name known among the legendary investors with his $PEPE transaction.
What Altcoins Do You Hold?
This investor also joined the $MOODENG craze. Accordingly, this investor made his first $MOODENG purchase and spent 54 $ETH ($139,000) to buy 2.105 billion $MOODENG. This name has already earned $62.5,000 (+45%) from his $MOODENG investment.
The legendary $PEPE investor has three more memecoins besides $MOODENG.
“Dimethyltryptamine. eth, the smart whale who turned $45,000 into $25.2 million with $PEPE, joined the $MOODENG craze!
14 hours ago, the whale made his first purchase, swapping $54 $ETH ($139,000) for 2.105 billion $MOODENG.
This whale holds 3 more memecoins besides $MOODENG:
• 1.97 trillion $PEPE ($20.2 million) Estimated total profit: $25.2 million (+55.978 %) • 147.5 billion MOG ($249 thousand) Estimated total profit: $847 thousand (+487 %) ; • 711.7 million WOJAK ($523 thousand). Unrealized profit: $276 thousand (+109 %) . “
Smart whale dimethyltryptamine.eth, who turned $45K into $25.2M with $PEPE, has joined the #$MOODENG hype!
14 hours ago, the whale swapped 54 $ETH ($139K) for the first 2.105B #$MOODENG (@moodengctoeth), now making $62.5K (+45%).
Besides $MOODENG, this whale holds 3 other… pic.twitter.com/fYQCigl4NU
— Spot On Chain (@spotonchain) October 7, 2024
*This is not investment advice.
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