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Mustafa Mulla
Mustafa Mulla
Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
- Oct 8, 2024 15:32 UTC
- 24 Total Readers
According to data from blockchain analytics platform Lookonchain, a skilled trader has achieved an impressive feat in the meme token market by executing 8 consecutive winning trades on POPCAT since August 20. With a perfect 100% win rate, this trader has accumulated over $1 million in total profits. The success comes from a swing trading approach, where the trader buys during price dips and sells at peaks, capitalizing on POPCAT’s volatility. The accomplishment showcases both the opportunities and risks in meme coin markets, especially for those with a strong sense of timing and a close watch on market trends.
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