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Crypto Trader Nets $140,000 in Minutes – Here is How

Crypto Trader Nets $140,000 in Minutes – Here is How

Cryptodnes2024/10/26 18:33
By:Cryptodnes

The crypto trading space, with its rapid profits and high stakes, recently witnessed an investor turn $1300 worth of $SOL into $140,000 in just 20 minutes.

According to Lookonchain , this sharp-eyed trader took advantage of Binance’s $MOODENG listing announcement, buying up 2.77 million tokens before their price skyrocketed.

The investor’s strategy, based on spotting early exchange listings of in-demand tokens, netted him 809 $SOL in profits. Shortly after, he repeated this success, earning another $17,000 through a similar tactic with $GOAT tokens.

The so-called “listing strategy” involves identifying tokens just before or as they’re listed on major exchanges like Binance, anticipating that exposure will drive demand.

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However, the method isn’t for beginners; it requires meticulous research and the ability to handle high-risk, fast-paced trades. Traders using this approach must monitor listings across multiple exchanges, manage volatility, and navigate technical challenges, as trading surges often lead to delays and liquidity issues.

While the strategy has delivered striking results for some, it demands both expertise and quick decision-making, making it best suited for seasoned traders familiar with the market’s complexities.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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