An early investor in BRETT, known as 0xafe, has recently deposited 23.45 million BRETT tokens, valued at $2.12 million, into Gate.io at a price of $0.09.
This move marks a significant milestone in the trader’s impressive profit journey.
0xafe initially swapped 0.19 ETH, worth $556, for 82.66 million BRETT tokens just 30 minutes after the token was minted on February 24, 2024. Fast forward to May 30, 2024, the price of BRETT surged 81% over the past week and 8% in the last 24 hours, reaching a new all-time high.
Capitalizing on this price increase, 0xafe deposited 23.45 million BRETT tokens to Gate.io, securing $2.12 million from the sale.
A trader turned $556 into $7.48M in 3 months with $BRETT!
• swapped 0.19 $ETH ($556) for 82.66M $BRETT only 30 mins after the minting on Feb 24.
• deposited 23.45M $BRETT ($2.12M) to #Gate 1 hour ago after the price soared 76% (7D) to a new ATH today!
• now holds 59.21M… pic.twitter.com/zOms3CVdD7
— Spot On Chain (@spotonchain) May 30, 2024
The Trader Now Holds 59.22 Million BRETT, Valued At $5.36 Million
Currently, the trader holds 59.21 million BRETT tokens, valued at $5.36 million, bringing their total estimated profit from BRETT to a staggering $7.48 million, which equates to a 13,453x return on their initial investment.
This strategic investment and timely action underscore the significant gains that can be realized in the volatile cryptocurrency market. 0xafe’s ability to capitalize on the rapid price movements of BRETT demonstrates the potential for substantial profits, even from relatively modest initial investments.
This case highlights the importance of early adoption and strategic timing in the highly dynamic world of cryptocurrency 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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