$MOODENG is making headlines again, soaring another 80% in value today to reach a market cap of $308 million.
Last night saw a brief pullback to $240 million, but the dip was quickly erased, as bullish momentum resumed.
MOODENG does not stop 🦛🚀
It’s up another 80% on the day to $308M
There was a brief pullback to the $240M range last night, but that dip already erased
This baby hippo is truly up only pic.twitter.com/KuRPbv6mvf
— TylerD 🧙‍♂️ (@Tyler_Did_It) September 28, 2024
One whale has made a notable investment, purchasing $1.1 million worth of $MOODENG since September 23 and hasn’t sold any tokens yet. In the past eight hours alone, another whale spent 10,156 SOL ($1.59 million) to acquire 6 million $MOODENG at an average price of $0.2655, demonstrating ongoing interest from big players.
Someone bought $1.1M worth of Moo Deng and hasn’t sold a penny since September 23 until now.#Moodeng @MooDengSOL pic.twitter.com/QeWyljDcv8
— waytomillionaire.eth (@02_Millionaire) September 28, 2024
Crazy buying of #MOODENG!
A whale spent 10,156 $SOL($1.59M) to buy 6M $MOODENG at an average price of $0.2655 in the past 8 hours.https://t.co/e6IHotznDt pic.twitter.com/WEwQ7MefZ9
— Lookonchain (@lookonchain) September 28, 2024
A Trader Makes Over $9 Million In Play 16 Days
Meanwhile, an incredible success story has emerged, with a trader turning just $1,331 into over $9.5 million in only 16 days—a staggering 7,140x return.
This trader bought 38.7 million $MOODENG on September 10 for 9.8 SOL ($1,331). Today, they sold 104,000 $MOODENG for 112 SOL ($17,900), leaving them with 38.64 million $MOODENG, now worth more than $9.5 million.
Turned $1,331 into over $9.5M in only 16 days, a 7,140x return! #MOODENG
This guy spent 9.8 $SOL($1,331) to buy 38.7M $MOODENG on Sept 10 and sold 104K $MOODENG for 112 $SOL($17.9K)today, leaving 38.64M $MOODENG, worth more than $9.5M!https://t.co/gCR15Bjrcc pic.twitter.com/gaMG0BvKdB
— Lookonchain (@lookonchain) September 27, 2024
However, not every $MOODENG investor has been so fortunate. One unlucky trader sold their 21 million $MOODENG tokens for a mere $297. If they had held on, those tokens would now be worth a staggering $6.3 million.
This trader had initially bought the tokens just one hour after $MOODENG started trading, spending 26 SOL ($3,537) when the token’s market cap was only $210,000. Unfortunately, when the price dipped, they panicked and sold at a significant loss.
What an unlucky guy!
The 21M $MOODENG he sold for $297 is now worth $6.3M! #MOODENG
He discovered $MOODENG one hour after it started trading and spent 26 $SOL($3,537) to buy 21M $MOODENG, which had a $210K market cap at the time.
However, when $MOODENG dropped, he panicked and… pic.twitter.com/XUt9lAk2yU
— Lookonchain (@lookonchain) September 28, 2024
As $MOODENG continues to surge, these contrasting stories serve as a reminder of both the massive potential and risks within the volatile world of crypto trading.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Image Source: jruiz1108/123RF // Image Effects by Colorcinch
Source: https://nulltx.com/moodeng-surges-80-in-one-day-traders-see-massive-returns-and-missed-opportunities/