In the ever-changing world of memecoins, the market has been quieter lately, with fewer new coins taking off.
However, one coin, $WOULD, saw an astonishing surge after a tweet from Elon Musk. Three months ago, an investor purchased $287 worth of $WOULD, but for months, the coin remained stagnant with little to no price movement.
That all changed when Musk tweeted a meme about the coin. Within just a few hours, the price of $WOULD skyrocketed by an unbelievable 120,000%, turning the initial $287 investment into a massive profit of $196,000. This sudden spike caught the attention of traders, with some quick-moving individuals capitalizing on the trend.
Someone 3 months ago, bought $287 $Would and for months nothing happened.
And suddenly today, it pumped by 120,000% in few hours after Elon musk tweeted a meme.
Now the wallet is $196,000 in profit. pic.twitter.com/EJsMXnbRqe
— Kakashi (@kkashi_yt) November 24, 2024
One such trader, identified as Bkkrw…Xhwyp, made a notable move after Musk’s tweet. The investor immediately bought 5 SOL (valued at $1,294) and, within a short period, saw their investment grow to an incredible $220,000 in profit—a return of 16,845%. This marked the 29th memecoin trade for this trader within just seven days.
山寨一涨，Meme 的声量明显小了不少🧐 不过马斯克一条推特，又喊飞了个小市值 Meme $WOULD
聪明钱 Bkkrw…Xhwyp 在老马发推第一时间买入 5 SOL（1294 美金），现已累计获利 22 万美金，回报率高达 16845%！这是他近七天交易的第 29 个 Memecoin，天道酬勤啊哈哈
钱包地址 https://t.co/HN8teEtFSM https://t.co/ANSBNAyTfn pic.twitter.com/qji7uAzXNY
— Ai 姨 (@ai_9684xtpa) November 24, 2024
The quick rise of $WOULD exemplifies how the memecoin market remains volatile and unpredictable, often influenced by high-profile figures like Musk. Investors who can spot these trends early stand to make significant gains, though, as this case shows, timing is everything. The success of $WOULD demonstrates just how fast fortunes can change in the memecoin world.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any project.
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Source: https://nulltx.com/elon-musks-tweet-sparks-massive-memecoin-surge/