A meme coin that a crypto trader sold for $142,000 is now worth $24 million at the current price.
According to data from the on-chain analysis platform Lookonchain, the early dogwifhat (WIF) investor’s sale was heartbreaking.
The investor, who bought 8.18 million WIF tokens for $1,173 just 5 days after being listed, sold all his assets for $142,000 after 10x surge, making a profit of $141,000. However, if the investor had been patient for 1-2 months, he would be a millionaire now.
The value of the WIF assets that the investor sold for $142,000 reached $24 million with the surges on March 14th.
The WIF side, which raised over $600,000 for advertising in Las Vegas’s most prestigious arena, triggered a new surge in the token price.
According to CoinGecko data, WIF has seen a 40% increase in the last 24 hours and is currently trading at $3.2.