A lucky crypto trader has made headlines after making over $1.4M in just 15 days from his $135 investment in a new Ethereum-based meme coin, Terminus (TERMINUS).
This impressive gain represents a 9000x return on investment, according to Lookonchain. Luckily, the meme coin is still surging in price, offering other investors unprecedented returns.
TERMINUS Meme Coin Soars 10,000%, Turning $135 Into $1.2M In 15 Days
According to Lookonchain, a well-known on-chain analyst, in an X post, a smart cryptocurrency trader has turned just $135 into over $1.4M in just 15 days, which is over 9,000x return on investment.
According to the post, the trader bought $135 worth of TERMINUS meme coin on Sunday, September 8, 2024, when its value was still relatively low.
However, after DogeDesigner’s X post drew more attention to the meme coin and made it popular, the trader’s holdings of 3.46M $TERMINUS rose in value to $124,300. This represents about a 920x return.
Luckily, the TERMINUS meme coin kept surging in price, and the trader’s holding rose further in value to $1.41M, representing almost 9,000x return on the initial investment.
What Kickstarted The TERMINUS Meteoric Rally?
TERMINUS’s rapid rally was triggered by an X post by Dogecoin graphic designer, DogeDesigner.
In the post, DogeDesigner said,
The first city on Mars could be named ‘Terminus’ – Elon Musk.
This simple sentence sparked widespread community interest in the memecoin, which led to a significant increase in its price and market capitalization.
According to Lookonchain, the TERMINUS meme coin has jumped from a market cap of $3.5M to about $41M following the community interest – this is about a 10x increase.
The meteoric rise in the value of Terminus is an example of how speculative posts and social media influencers in the cryptocurrency industry can influence crypto prices.
Last month, it was reported that an unidentified crypto trader turned $1.5M Into $4.5M in just five hours with BNB’s new Simon’s Cat (CAT) token. However, the trader was able to achieve this using a trading bot to profit from carefully timed crypto trades.
While the risk has paid off handsomely for this crypto trader, it is important to always take caution of unpredictability and inherent risks when investing in the TERMINUS meme coin as the future of this ERC-20 meme coin remains uncertain.
Terminus Price Action
At press time, the TERMINUS meme coin was trading at about $0.4100, having surged over 195% in the last 24 hours.
Also, the meme coin has grown to a market cap of $41.7 Million, where different cryptocurrency wallets have moved $10.8M worth of the meme coin in the last 24 hours.
