Meme Coin $LESTER Surges to $100 Million Market Valuation as Savvy Trader Earns $556,000 Profit
- Patricia ArquetteOriginal
- 2024-11-17 15:30:16640browse
Without pause, the Litecoin-inspired meme coin $LESTER has surged to an impressive $100 million market valuation.
A Litecoin-inspired meme coin called $LESTER has managed to reach an impressive market valuation of $100 million, leaving many traders amazed by this development.
One particular trader, who goes by the handle FWuPs…TDf6y, has managed to capitalize on the rising price of $LESTER, making some calculated trades that have brought in some extraordinary returns. This trader managed to sell off their holdings at near-peak prices just five hours prior, turning an initial investment of 55.18 SOL (which is roughly around $13,201) into a staggering profit of $556,000—marking a jaw-dropping return on investment of 4,109.7%.
The strategy that this trader used was quite sharp and disciplined. They observed two distinct surges in the price of $LESTER, and with each surge, they progressively sold off portions of their holdings. During the first two waves, they managed to sell at five times the initial price, and on the third run, they doubled their gains before fully exiting the market. This approach showed a deep understanding of the market momentum and the timing needed to maximize their gains.
Over the last seven days, this individual has managed to accrue a total profit of $1.45 million through player-versus-player (PVP) trading, despite maintaining a modest win rate of only 30%. Their performance has managed to outshine many other high-frequency traders, proving that calculated risk-taking and precise timing can outweigh sheer volume or accuracy in trading.
The meteoric rise of $LESTER and the profits earned by smart money traders highlight the potential of meme coins to deliver outsized returns—if approached with strategy and caution.
This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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