Meme cash are unstable and outrageous, however they’re additionally the place among the largest positive aspects occur. We’ve seen it time and again over the past 12 months – traders turning small quantities into life-changing cash. It’s a sector that’s all about being in the correct place on the proper time.
At times, a commerce comes alongside that’s so large it makes everybody cease and take discover. That’s precisely what occurred earlier this 12 months with the TRUMP coin, the place one high dealer generated a $109 million windfall.
A commerce that massive will get everybody asking: the place’s the subsequent one? Merchants are all the time looking out for the subsequent venture to go viral and make millionaires. And proper now, a brand new title retains popping up in these conversations: TOKEN6900, which is within the ultimate two days of its profitable presale section.
The $109M TRUMP Coin Play – How It Occurred
So, how do you make that form of cash on a brand new meme coin? Importantly, this wasn’t only a fortunate punt. The story, damaged down by on-chain analysts at Bubblemaps again in February, reveals the way it was a masterclass in buying and selling.
They tracked a dealer identified on-line as “Naseem” who performed the TRUMP coin launch in January completely. Naseem used a method known as “launch sniping,” which entails reducing the road and getting in forward of different merchants.
Within the first second of buying and selling, Naseem invested simply over 1,000,000 {dollars} within the TRUMP coin. To make sure the acquisition went via earlier than anybody else’s, he paid an unlimited $84,000 in precedence charges.
The bought TRUMP cash have been then instantly unfold throughout 9 totally different wallets, more likely to handle the place with out inflicting alarm. It was a slick, aggressive play that turned $1.09 million right into a $109 million revenue.
TRUMP Commerce Simply One in a Lengthy Line of Meme Coin Success Tales
As spectacular as that TRUMP commerce was, it wasn’t some freak incidence. The final 12 months or so has been full of those tales, particularly on chains like Solana and Base. It appears like we’re listening to a few new meme coin millionaire each different week.
The on-chain proof is all there. You had one dealer put $72,000 into the Ebook of Meme presale and watch it flip into $30 million in simply three days. Then there was the dealer who threw about $700 on the GOAT token and walked away with $2.4 million lower than per week later.
Over on Base, one other dealer’s $18,000 guess on DEGEN exploded to round $5 million. The numbers are simply ridiculous, but they present a transparent sample: this space of the market, for all its volatility, is the place jaw-dropping positive aspects can occur.
Might TOKEN6900 Be Subsequent to Make Millionaires? T6900 Presale Enters Closing 48 Hours
Tales like which are exactly why merchants at the moment are searching for the subsequent massive viral hit. And that brings us to TOKEN6900. The very first thing that jumps out is the venture’s presale, which has raised over $2.6 million since its launch in late June.
That’s a fairly large deal when the remainder of the meme coin market has been buying and selling sideways, and it reveals a robust base of early conviction earlier than the token even hits the open market. However with the presale now in its ultimate two days, that is the final likelihood to purchase TOKEN6900 at a hard and fast worth of $0.0071.
Alongside the presale, TOKEN6900’s branding technique is thrilling. It isn’t pretending to be some world-changing utility venture. It is aware of it’s a pure meme coin, totally embracing the irreverent “mind rot” tradition, with no roadmap or whitepaper.
It’s additionally positioning itself because the non secular successor to SPX6900, the finance parody token that blew up in January, and even jokes that its token provide is “objectively superior” as a result of it’s one token larger. Past the memes, there’s even a staking protocol providing a 33% APY.
Analyst Borch Crypto is bullish on TOKEN6900. He not too long ago launched a video calling it the “subsequent 100x meme coin,” citing SPX6900’s success as proof {that a} pure meme coin with the correct theme can produce life-changing returns.
All in all, the long run seems to be vivid for TOKEN6900. With a DEX itemizing imminent, the actual check – and the actual alternative – is nearly to start.
