Lookonchain, an onchain analsyis tool, has recently shared insights into the impressive investment strategy of SmartMoney, an astute crypto investor known for their prowess in hunting down promising MEME coins. This article delves into SmartMoney’s notable transactions involving $PEPE and $LADYS, highlighting their remarkable gains and strategic approach.
What you'll learn 👉
1. SmartMoney’s Selective Investments
SmartMoney’s investment portfolio primarily consists of two MEME coins: $PEPE and $LADYS. Their calculated choices and timing have yielded substantial profits, showcasing their astute decision-making skills.
- On April 18, SmartMoney acquired $PEPE, and prior to Elon Musk’s tweet, they purchased $LADYS.
- SmartMoney refrained from indiscriminately investing in numerous MEME coins, displaying a cautious and selective approach.
2. SmartMoney’s $PEPE Journey
SmartMoney’s foray into $PEPE began on April 18, when they acquired a staggering 108 billion tokens for a mere 3.63 ETH, equivalent to $7,531 at the time. The buying price amounted to $0.00000006965 per token.
Later, on April 30, May 6, and May 6 (three separate transactions), SmartMoney sold their $PEPE holdings for a total of 135 ETH, valued at $255,000. The average selling price stood at $0.000002358. Consequently, SmartMoney’s profit from these transactions reached an impressive 131 ETH, equivalent to $247,000, resulting in a remarkable gain of 36 times their initial investment.
Read also:
- Who Is The Mysterious Trader That Bought LADYS Before Elon Musk’s Tweet?
- How To Find New Meme Coins EARLY? Find New PEPE, BOB, SHIBA INU, FLOKI Before Anyone Else
3. SmartMoney’s $LADYS Triumph
In a strategic move preceding Elon Musk’s tweet, SmartMoney acquired a substantial amount of $LADYS. They purchased 2.15 trillion tokens, spending 4.7 ETH (approximately $8,679) at a buying price of $0.000000004035 per token.
In subsequent transactions, SmartMoney sold 1.09 trillion $LADYS for 84 ETH, amounting to $153,000, at a price of $0.0000001404 per token. Presently, they hold 1.06 trillion $LADYS tokens, valued at $158,000.
SmartMoney’s profits from these $LADYS transactions reached an impressive $302,000, marking a gain of 35 times their initial investment.
4. SmartMoney’s Patience and Strategy
One notable trait observed in SmartMoney’s investment approach is their patience and strategic mindset. They refrained from impulsive buying or selling, resisting the temptation to offload their holdings hastily after price surges.
SmartMoney’s meticulous tactics and calculated decisions serve as an invaluable learning experience for crypto enthusiasts seeking to navigate the world of MEME coins.
5. Follow Lookonchain for Alpha Information
For those interested in following SmartMoney’s on-chain activities and accessing alpha information, it is recommended to follow Lookonchain on Twitter and enable notifications. Alternatively, one can join Lookonchain’s Telegram group to stay updated.
- Twitter: Lookonchain
- Telegram: Lookonchain
