An anonymous trader made a massive return on their investment in the meme cryptocurrency First City in Mars (TERMINUS), capitalizing on its sudden surge in value. The trader turned a $135 investment into $124,000 in just two weeks. TERMINUS experienced significant growth after posts on social media speculated about Elon Musk naming the first city on Mars "Terminus." The token's value surged over 10,000% in a day. The trader purchased 3.4 million TERMINUS tokens on September 8 and saw their investment grow to a 920-fold return. TERMINUS continues to make short-term gains, trading at $0.065 with 24-hour gains of about 17,000%. Although not directly backed by Musk, the association of TERMINUS with his name seems to be working for the meme coin. Thorough research is recommended before investing in meme coins due to their volatile nature and lack of significant use cases.
- Content Editor ( finbold.com )
- 2024-09-21
Crypto trader turns $135 into $124,000 in 2 weeks