A crypto trader has made headlines after turning a $135 investment into over $1.4 million in just 15 days by investing in the Ethereum-based memecoin, Terminus (TERMINUS). Moreover, the meme crypto continues to surge, offering its investors unprecedented returns.
Crypto Trader Benefits From Dogecoin Influencer
The meteoric rise in TERMINUS price followed an X post by Dogecoin graphic designer, DogeDesigner, who wrote, “The first city on Mars could be named ‘Terminus’ – Elon Musk.” This tweet fueled widespread interest in the coin, leading to a significant increase in its market cap from $3.5 million to nearly $41 million now.
The lucky crypto trader purchased the memecoin on September 8, 2024, when its value was still relatively low. After DogeDesigner’s tweet brought more attention to Terminus, the individual’s holdings increased in value to $124,300—a 920x return.
From $3.5M to $35M market cap, $TERMINUS is up 10x since our post! #TERMINUS #FirstCityinMars
The lucky individual turned $135 into over $1.2M in just 15 days, a 9,000x return!
He spent only $135 to buy 3.46M $TERMINUS on Sept 8, now worth over $1.2M!https://t.co/sYe2cCC8PZ pic.twitter.com/set39Yr1c2
— Lookonchain (@lookonchain) September 23, 2024
In a rapid and continued rise, the trader’s investment swelled to $1.41 million, representing a staggering 9,000x return on their original purchase. The surge in Terminus is another example of how social media influencers and speculative tweets in the crypto space can cause price volatility, especially in the memecoin sector.
While early investors like this one have seen massive profits, experts continue to caution traders about the inherent risks and unpredictability of memecoins. With Terminus still attracting attention, the future of this meme-based token remains uncertain. However, for this one crypto trader, the gamble has already paid off handsomely.
Terminus Price Action
The Terminus price rally continued on Monday, September 23 with the smart crypto trader nabbing higher profits At press time, the meme coin traded at $0.4094, registering a staggering 197% surge in the last 24 hours.
Furthermore, it touched the peak of $0.4089 today amid growing interest among investors. Also, the 24-hour trade volume surged to $15.82 million, which is significant enough for a newly-launched memecoin.
Also Read: Early Shiba Inu Investor Nabs $1.07M Profit With NEIRO
Source: https://www.cryptonewsz.com/crypto-trader-profit-new-memecoin/