A crypto trader has become a millionaire in no time. He made this possible with a stroke of genius involving Elon Musk, who crowned himself with a stunt on X (formerly Twitter).Senior Troll Officer.“By cleverly responding to Musk’s action, the trader managed to become a millionaire within 10 days.”
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Elon Musk is once again at the center of the crypto world
It all started when Elon Musk updated his X-bio with the title “Chief Troll Officer,” a move that immediately caught the attention of the crypto community. The trader quickly seized the opportunity and decided to purchase a memecoin associated with that name. Namely the coin called Troll (TROLL).
The choice turned out to be extremely lucrative, as the value of the memecoin rose rapidly and the trader became a millionaire in a very short time. According to data from Etherscan, the $300 invested grew to $1.03 million in no less than 10 days. But how did the dealer do it so quickly?
In one X contribution The platform Lookonchain, which specializes in blockchain analysis, continued to discuss the profitable troll coin.
“After noticing that Elon Musk had changed his profile to ‘(CTO) Chief Troll Officer,’ this trader immediately withdrew 4.31 Ethereum (worth $10,113) from Binance and gave 4.3 Ethereum for $19.37 trillion TROLL out.”
Additionally, the analytics firm noted that the trader withdrew his deposit amount from the investment almost immediately:
“He then sold $9.37 trillion worth of TROLL for 5,318 Ethereum ($12,467) to offset the costs. He currently has 10 trillion TROLLs left, worth $1.03 million!”
Memecoins: lucrative but volatile
In the crypto world, the memecoin market is notorious for its capriciousness and the fact that it is often driven by speculation and social media hype. It seems that this time too, a seemingly innocuous change in Elon Musk's X-bio had a significant impact on a memecoin.
But the crypto trader's million quickly fell: its value is currently “only” $864,000. However, that is still an increase of 8,540 percent compared to the starting capital.
Troll coin was launched in April last year and saw an immediate surge. Like many other memecoins, this one wasn't a keeper: the price fell back just as quickly. Since the adjustment of Musk's biography, trolling has continued to rise. The coin was tossed several times within three days. With a 150,000 percent return, you could have had a disgusting ROI, just like the trader discussed
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