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Finbold 2025-01-06 13:15:18

Smart crypto trader turns $2k into $3 million in just 10 hours

Despite not being a full week old at press time, 2025 is already emerging as a strong continuation of the cryptocurrency – and meme coin – bull market. One digital assets trader turned into a spectacular example of this fact as they managed to, within just 10 hours, turn a $2,000 investment into more than $3 million in profit, per data Finbold retrieved from Solscan on January 6. The trader used 10 Solana ( SOL ) – worth just over $2,000 – to purchase 22 million Hyperfly (HYPER) in the afternoon of January 5. Shortly after minding, they began selling the meme coin , offloading nearly 18 million HYPER for 10,286 SOL (~$2.21 million). HYPER buy and sales. Source: Lookonchain The trade might eventually prove even more profitable as the remaining cryptocurrency is worth another $1 million, meaning that, unless there is a rapid price collapse, the investor could make a total of $3 million – a 1,500x return on investment. These are the most incredible meme coin trades of 2025 The Hyperfly swap is the latest in the string of spectacular New Year meme coin maneuvers. So far, the most dramatic example came already on January 1 when one trader sold KEKIUS MAXIMUS, which they acquired some 18 days earlier for just $66 for a total of $3 million . The incredible trade was made possible by a joke made by the billionaire owner of X , Elon Musk . Specifically, Musk decided to get festive by changing his social media name and profile picture to the aforementioned Kekius Maximus, a variant of the popular meme frog Pepe. Indeed, the billionaire’s decision rendered multiple meme coin trades wildly successful, as Finbold reported about an investor who turned $55,000 into $1 million on December 31 and of a trader who made $970,000 from just $4,300 on the very same day. American politicians enter the meme coin market Despite most meme coin trades leading to massive losses – as best exemplified by the ill-fated launch of Hailey Welch’s official cryptocurrency or by the downfall of Andrew Tate’s Daddy Tate (DADDY) – the successes have been substantial enough that one group of savvy investors have become increasingly involved with the action: Congressional Traders . The most prolific of them , at least based on the publicly available information at press time on January 6, is Representative Mike Collins of Georgia’s 10th congressional district. Receive Signals on US Congress Members' Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal While Collins has been buying a wide variety of coins of tokens – including some big names such as Ethereum ( ETH ) – since late 2023, his most recent trades of a meme coin called Ski Mask Dog (SKI) drew much attention. The Representative’s profits – estimated at about $60,000 on a $45,000 investment – and the small market capitalization of the cryptocurrency caused much suspicion among observers and copy traders in December and January. Featured image via Shutterstock The post Smart crypto trader turns $2k into $3 million in just 10 hours appeared first on Finbold .

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