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.
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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 %) . “
*This is not investment advice.