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A savvy crypto trader made $17.5 million trading coins like GOAT, AI16Z, FARTCOIN, and ARC – and a new crypto wallet aims to help you do the same.
Lookonchain noted in a Jan. 5 thread on X that the trader’s most profitable trade was Goatseus Maximus (GOAT). After investing $62,000 to buy 11.1 million tokens when the crypto’s market cap was below $2 million, the trader later sold the GOAT holdings for $5.2 million to net a profit of $5.14 million.
Trader Scores On AI16Z, FARTCOIN And ARC
The trader also profited on AI16Z after investing $123K when the token’s capitalization stood at around $22 million. On-chain data shows the trader then went on to sell 4.67 million AI16Z tokens for $1.78 million, and still holds 2.65 million tokens valued at approximately $2.9 million, according to Lookonchain.
3/ This trader aped into $ai16z when its market cap was $22M, spent $123K to buy 6.17M $ai16z, and sold 4.67M $ai16z for $1.78.
He currently holds 2.65M $ai16z($2.9M), with a total profit of more than $4.5M. pic.twitter.com/Lch7PwQEZo
— Lookonchain (@lookonchain) January 5, 2025
Recently, the trader sold 6.81 million tokens for $610K after investing $121K in the crypto when its market cap stood below $7 million. After the recent sale, the trader still holds 2.65 million FARTCOIN tokens for an unrealized gain of $3.55 million.
Lastly, the same trader spent $212K on ARC when its market cap stood at $15 million. After buying 11.6 million tokens, the trader then went on to sell just 1.6 million tokens for $212K recently. This leaves the trader with 10 million tokens valued at more than $4 million, Lookonchain said.
This Crypto Wallet Aims To Help You Spot The Next 100X Meme Coin
Following the series of successful AI token trades, the trader has started to pivot to emerging tokens such as Create, Pippin, SANDY, FORGE and MOLE.
Aside from monitoring activities on this trader’s wallet, how can traders with less experience go about trying to identify the next big crypto opportunity?
One short cut might be to use the Upcoming Tokens feature in the fast-growing Best Wallet (BEST). This crypto wallet aims to identify up-and-coming cryptos with high growth potential for its users and already has a good track record.
Best Wallet has already flagged to its customers Pepe Unchained (PEPU) and Catslap (SLAP), which saw humongous gains of 600% and 5,500%, respectively, after launching.
Right now, it’s flagging among its top picks two meme coins that are going parabolic in presale. PEPE derivative Wall Street Pepe (WEPE) is on track to become one of the most successful presales ever after raising more than $42.1 million.
The BEST crypto wallet has also flagged layer-2 Solana meme coin Solaxy (SOLX), which has surged past $8.6 million in funding in its presale and offers a huge 403% annual return on staked SOLX tokens.
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