On April 3, 2021, an anonymous investor's intuition was confirmed, when Elon Musk decided to set a picture of the iconic Dogecoin (DOGE) dog as his Twitter profile. This startling decision by the Tesla CEO led to a 30% surge in DOGE prices, making the mystery trader a millionaire overnight. This investor has yet again gained an immense fortune from the fluctuations in DOGE prices after Musk decided to have the DOGE logo as his profile picture in 2021.

Nicknamed Tree of Alpha on Twitter, this anonymous investor has now made a new purchase in the form of RenQ Finance, a DeFi protocol built on the Ethereum blockchain. RenQ Finance provides services like yield farming, staking, and lending for its customers. Although the investor hasn't disclosed the exact amount he purchased RenQ for, it is safe to say that the crypto community and investors everywhere are keeping a close watch on this trader’s activities.

Tree of Alpha had reportedly purchased $22 million worth of Dogecoin in the minutes leading up to Musk's tweet which selected the logo as his profile picture in 2021. After the price surge, the anonymous investor managed to make a profit of $1 million from DOGE trades, with an average buying price of $0.0815 and selling from $0.095.

The story of Tree of Alpha is not just another reminder of the importance of timely investments. This trader has proven that with the right intuition, anyone can opportunistically procure such fortunes. It is also a reminder to many of us who are new to the crypto space to be aware and ready to take risks as the market is ever-changing investment landscape.



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