Trader Turns 90% Loss into $2.5 Million Profit with One AI Token

A cryptocurrency trader rode the wild market swings, losing $1 million before making a $2.5 million profit from the Pippin token.

Trader Turns 90% Loss Into $2.5 Million Profit With One Ai Token

The cryptocurrency trading industry is increasingly famous for its stories of spectacular investment growth. One of those stories that is making the rounds in the market today is that of a trader who lost 90% of his assets before successfully recovering and making $2.5 million in just two months. This story has brought hope to the investor community.

Bold Decision Makes Trader Lose $1 Million Before Making $2.5 Million in Profits

The cryptocurrency trading industry is famous for its decentralized trading and huge profits, but it doesn’t always live up to expectations. Lookonchain points out a typical case, where an ambitious trader bet on a large investment in the hope of making a big profit. However, the trader initially suffered a loss of $1 million when his portfolio dropped 90% in value.

Notably, the trader’s patience eventually paid off. The Pippin token price recovered strongly, bringing the investor a profit of $2.5 million.

Lookonchain
Lookonchain

According to a post from Lookonchain on the X platform, the investor used 5,441 SOL, equivalent to $1.15 million, to buy 20.46 million Pippin tokens two months ago. However, the huge volatility caused the Pippin price to drop 90%, leaving a loss of more than $1 million. Despite this, the investor, who was praised by Lookonchain as a “diamond hand”, was patient and did not sell any tokens.

As a result, after two months, the loss turned into a profit of $2.5 million when the Pippin token recovered strongly. This shows the extreme volatility of the market, where losses can turn into profits – or vice versa – depending on the situation. From an initial investment of $1.15 million, the trader turned it into $3.68 million thanks to Pippin’s price breakout.

Read more: Donald Trump Launches New NFT Collection

PIPPIN Price Increases 130% Due to Increased Investor Interest

Pippin, an artificial intelligence (AI)-based token, has recently attracted a lot of attention in the crypto market. Despite being launched only a few months ago and having experienced a period of decline, demand for Pippin has surged in the past few days due to the wave of interest in AI-related tokens. As a result, Pippin’s trading volume has increased by more than 150%, reaching $116,980,268. PIPPIN’s price also increased by 130%, from $0.091 to $0.21, bringing its market capitalization to $210,196,191. This price increase helped one trader earn $2.5 million in profit, which is not uncommon in the market. In a similar case, another investor made $3 million in just a few hours. However, along with the profit stories, there were also many losses, emphasizing the importance of smart investing.

Love

0.0/5

Love

Latest

Nobitex Crypto Exchange Resumes Operations After $90 Million Hack

News | Editor Choice | Policy & Regulations

Nobitex Crypto Exchange Resumes Operations After $90 Million Hack

After a shocking $90 million hack, Iran’s crypto exchange Nobitex has begun restoring its services with strict security measures, allowing access only to verified users.

Game Designer Analyzes Xrp’s Path To A 913,000% Price Surge To $20,000

News | Altcoin | Editor Choice

Game Designer Analyzes XRP’s Path to a 913,000% Price Surge to $20,000

A bold theory is gaining attention within the XRP community: the idea that the token could reach $20,000 — a surge of over 900,000% — if adopted by global financial institutions as part of core financial infrastructure.

Metaplanet Acquires An Additional 1,005 Bitcoin, Ranks In Top 5

Bitcoin | Editor Choice

Metaplanet Acquires an Additional 1,005 Bitcoin, Ranks in Top 5

Metaplanet has purchased an additional 1,005 BTC, bringing its total reserves to 13,350 BTC and placing it among the top 5 companies with the most Bitcoin holdings.

Vitalik Buterin Issues Risk Warning About Worldcoin

Altcoin | Editor Choice

Vitalik Buterin Issues Risk Warning About Worldcoin

Vitalik Buterin has issued a warning about the risk of privacy breaches undermining the privacy rights that Worldcoin provides.

Binance Linked Group Joins Drafting Of Crypto Legislation In Kenya

News | Editor Choice | Policy & Regulations

Binance-Linked Group Joins Drafting of Crypto Legislation in Kenya

The inclusion of an organization allegedly closely tied to Binance in Kenya’s new crypto regulatory board has sparked concerns among local startups about potential policy manipulation and unfair competition.