CandleFocus

Trader Makes $1 Million Profit Swing Trading Memecoin

A cryptocurrency trader has made over $1 million by swing trading the memecoin $POPCAT. The trader had a 100% win rate, executing eight trades since August 20. They bought and sold $POPCAT tokens at strategic times, earning profits ranging from $2,813 to $311,934. The trader's overall profit was $1,050,440. This success highlights the profitability of swing trading in the volatile memecoin market. However, at the time of writing, the value of $POPCAT had dropped by 11.06%, with a market capitalization of $1.22 billion.

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