According to Lookonchain, an impressive trading feat was accomplished recently. They recounted how one savvy investor tutned an initial investment of just 198 SUI tokens—equivalent to $368—into $2 million in just three days through trading the $HIPPO memecoin on the Sui blockchain.
Read Also: Can SUI Token Overtake Solana (SOL) This Bull Run?
They detailed the process: three days ago, this investor purchased 253.5 million $HIPPO tokens. He sold 119.6 million of those tokens for 175,000 $SUI, which amounted to approximately $325,000. This left him with 133.9 million $HIPPO tokens, now valued at around $1.7 million.
In total, this trader made a profit of nearly $2 million from his initial investment in the $HIPPO memecoin within a mere three days.
Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.