A crypto investor turned savvy as its three constant wins led to a profit of $9M. Lookonchain’s recent findings point to the trader and the three strategic trades that turned successful and profitable despite the market volatility. Let’s check the investors’ trades and trading strategies. Crypto Investor Earns Millions With Memecoins The crypto trading industry is widely famous among traders for its high returns. Participants with the right trading skills and crypto market experience can benefit from it, like this one, who made $9M with three consecutive wins. Not only did the investor earn big, but three trending meme coins were behind the millions of earnings, shocking the crypto community. A popular on-chain analytic platform, Loononchain, describes the crypto investor as a whale who dared to make big bets and profits. The whale invested in three low-market-cap cryptos but became profitable as the cryptos’ worth grew with market demand. More importantly, the trader entered and exited the trade at the right time, improving the probability of profit-taking on cryptos. This is a whale that dares to make big bets and profit! Aped into $WIF at a $58M market cap and made $7.5M! Aped into $PNUT at a $460M market cap and made $$1.2M! He spent $1.52M to buy 6.71M $pippins 19 hours ago, with an unrealized profit of $570K. https://t.co/NNN4MlZMBV pic.twitter.com/D8CAOEx7O0 — Lookonchain (@lookonchain) January 11, 2025 However, not all trades end up in profits. The market carries its own challenges, with volatility, Bitcoin dominance, and the influence of macroeconomic events. Some bear heavy losses; as an earlier CoinGape report mentioned, a trader lost $60K in just two hours . Regardless, this blog discusses the trading jackpot for a memecoin investor and investment strategies, so let’s get to that first. Crypto Trading Jackpot: Trader Made $9M With WIF, PNUT and PIPPIN The crypto whale invested millions in WIF, PNUT, and PIPPIN and made $9M in profits from these cryptocurrencies. The trader placed the first trade on Dogiwfhat (WIF) when its market capitalization neared $58M. Although the trader made multiple buying and selling rounds, eventually, it paid off, making $7.5M within six months. Interestingly, the whale bought the WIF at low prices and sold it at a high most of the time, revealing its trading skills. The profits journey did not stop there; it moved to another popular meme coin, PNUT, which made the crypto investor profit $1.2M within just a few days. Lastly, the investor has $570k in unrealized profits in the PIPPIN token, which is newly gaining traction in the market. Solscan data shows that the investor spent $1.52M and bought $6.72M in PIPPIN just a few hours ago. Interestingly, another investor made $2.5M with the PIPPIN token, increasing its hype. What’s The Lesson Here? The crypto investor’s investment turned profitable as it chose the trending and potential cryptos, WIF, PNUT, and PIPPIN. The constant demand for these assets led to growth and investment returns, where the aforementioned investor made $7.5M on WIF, $1.2M on PNUT, and $570k on PIPPIN. This teaches that the right crypto and time are mandatory to even think of profits. However, these three cryptos won’t always stay in trend or profit. The market’s volatility and fluctuation often impact the assets’s performance, requiring constant technical analysis and research. Although these assets made millions for this crypto trader, they may not be profitable for someone else, so trade wisely. The post How 3 Consecutive Wins Made This Crypto Investor $9M in Profits? appeared first on CoinGape .
