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Crypto Trader Turns $86,000 Into $3.75 Million Betting on Memecoin Promoted by Popular AI Agent
2024-10-19
Author: Content Editor
In this news, a cryptocurrency trader has successfully made a significant profit by investing in the meme-inspired cryptocurrency Goatseus Maximus ($GOAT). The trader used 603 SOL tokens to purchase 10.7 million GOAT tokens, which initially amounted to $86,000 but reached a peak value of $3.75 million. They have recently sold 700,000 $GOAT tokens for 1,453 SOL, leaving them with 10 million tokens worth $2.74 million. Additionally, the trader invested $182,000 in 7.3 million $BILLY tokens, ultimately making a profit of $411,000, or 226% of their initial investment. The cryptocurrency was heavily promoted by an AI bot called "Truth Terminal," funded by Andreesen Horowitz. Some believed that the AI created the cryptocurrency itself, but its creator's wallet address is associated with the launch of other memecoins. The AI bot operates with a human handler who approves its social media posts.
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