A crypto trader has made an incredible profit of $435,000 by investing $169 in an unknown meme coin called Mundi. The trader bought 19.9 million Mundi tokens when its market cap was just $8,500 and sold 18.19 million coins for $336,900. The trader still owns 1.6 million Mundi tokens, which are currently valued at $99,000. Mundi is experiencing a strong market rally, despite having no clear use cases. Meme coins, like Mundi, are a popular choice for beginner retail traders seeking high gains, as their prices are driven by social excitement rather than technology. They are considered risky due to unpredictable volatility.
- Content Editor ( blockchainreporter.net )
- 2024-12-01
Crypto Trader Turns 1 SOL ($169) into $435K from Mundi Meme coin