Trader Nets $157,000 From Viral Baby Hippo Moodeng And AI Meme Coin Sensation GOAT
Posted On October 25, 2024
Moodeng (CRYPTO: MOODENG) and Goatseus Maximus (CRYPTO: GOAT) continue to make headlines in the meme coin world, with both coins netting traders handy profits amid continuing rallies.
What Happened: On-chain analytics provider Lookonchain highlighted a trader buying 2.77 million MOODENG for 1,300 Solana (CRYPTO: SOL), selling it for 2,109 SOL and netting $140,000 (809 SOL). A similar strategy was used the prior day for GOAT, where the trader made a quick 99 SOL, which amounts to $17,000 by capitalizing on Binance’s announcement of the listing of both the coins’ perpetual contract.
This incident underscores the profit potential—and …
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