POPCAT

<p>A trader has obtained significant attention in the crypto sector by expressing remarkable skills concerning swing trading with the crypto asset $POPCAT. As per Lookonchain, a prominent on-chain analytics platform, the trader obtained a huge profit of above $1M with an astounding hundred percent win rate from August 20 to October 7. Since the beginning of October, memecoin traders have <a href="https://blockchainreporter.net/memecoin-trader-makes-113k-profit-after-elon-musks-pro-trump-speech/" rel="noopener noreferrer nofollow">earned</a> remarkable profits while other narratives have failed to secure any significant profits. The analytics provider took to social media to provide the details of this event.</p><h2 id="header-0">Memecoin Trader Earns Huge Profits with $POPCAT via Swing Trades</h2><p>Lookonchain disclosed that this incident commenced on the 20th of August when the trader purchased 1,579,413 $POPCAT coins. The average price of those tokens stood at $0.5245 for each coin. However, the trader sold them shortly after at an average price of $0.7220. In this respect, the trader reportedly earned up to $311,934 in total. This paved the way for a series of beneficial trades for the trader. The trader consistently carried out timely decisions including strategic sales and buys.</p><p>For instance, on the 7th of the recent month, the trader purchased 972,754 coins at an average price of nearly $0.5140. Subsequently, the trader sold these tokens at $0.5996, getting a substantial amount of almost $583,300. Another noteworthy move took place between the 21st and 25th of September. At that time, the trader conducted another effective trade, purchasing 1,544,687 $POPCAT coins at $0.8969. Following that, the trader traded them at $1.0261, with a further $199,663.</p><h2 id="header-1">Crypto Trader Pockets $1,050,440 in Cumulative Profits from $POPCAT Trades</h2><p>Although the majority of the trades turned out to be highly lucrative, a few resulted in minor gains, like those between the 25th and 29th of September. At that point, the trader got a profit of only $2813 by trading 491,682 $POPCAT coins, as per <a href="https://lookonchain.com/" rel="noopener noreferrer nofollow">Lookonchain</a>. The last trade occurred between the 4th and 7th of October where the trader bought 1,240,156 $POPCAT tokens at $1.1343. The trader sold them at $1.2908, netting $194,093 in profit. Thus, the precise timing and methodical approach of the trader led to a cumulative earning of $1,050,440.</p>

Crypto Trader Earns $1 Million in Swing Trades with $POPCAT

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