Cryptocurrency Trader Turns $10,000 Investment into $1.03 Million Profit
A cryptocurrency trader recently made a remarkable profit of over $1.03 million by capitalizing on Elon Musk’s updated bio description on X (formerly Twitter). Musk changed his X profile description to “(CTO) Chief Troll Officer” and posted a message with a similar phrase.
Seizing the Opportunity
The trader quickly noticed Musk’s profile change and withdrew 4.313 ETH ($10,113) from Binance. This decision turned out to be highly profitable, as the TROLL token associated with this event experienced an unprecedented surge.
TROLL Token’s Surge
Within 24 hours, the TROLL token saw a peak increase of 251% and surged by a staggering 13,208% within six days. The influence of Elon Musk extends beyond Troll, as his activities on X have impacted various meme coins.
Musk’s Impact on Meme Coins
Musk’s previous actions, such as posting a picture of his dog Marvin on X, caused a more than 400% surge in the memecoin Marvin Inu. Similarly, dressing his pet Floki as the CEO of X resulted in a 40% surge in Floki Inu. A tweet about “Baby Doge” also led to a nearly 90% jump in its price.
Hot Take: Capitalizing on Celebrity Influence
The case of the cryptocurrency trader profiting from Elon Musk’s Twitter profile change highlights the power and influence celebrities can have in the crypto market. By paying attention to influential figures and their actions, you can potentially seize profitable opportunities within the volatile cryptocurrency space.
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