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「Bonk Guy」 Retrospective on Meme Coin Performance: Once Used $16,000 in 6x Leveraged Trade to Earn Over $20 Million with BONK
  • SOL0%
  • POPCAT0%
  • FARTCOIN0%
  • WIF0%
  • DOGEGOV0%
  • POPCAT+1.91%
  • Bonk-0.15%
  • USELESS+12.06%

BlockBeats News, September 1st, famous Solana ecosystem trader "Bonk Guy" from Unipcs posted an article looking back on his Meme coin trading experience. Unipcs stated that in 2023, he traded BONK with a $16,000 initial capital and 6x leverage, increasing the funds to over $20 million from a low point bet; then further increased $6,000 to $1.4 million through WIF, and increased a low six-figure fund to over $8 million through Fartcoin, while achieving multi-million dollar profits in token trading such as POPCAT and PNUT.

Unipcs said that the above trades were all publicly conducted and recorded. Although he later returned all the previously accumulated profits on October 10th, this was not his only high-value trading record. He mentioned that in the previous cycle, he also increased funds from low five to six figures to over $5 million to $10 million through Meme-related trades such as DOGEGOV, MAGA, Roaring Kitty, and others.

Unipcs also stated that his current bullishness on USELESS even exceeds that of trading BONK in 2023, believing that USELESS had previously surged from about $4 million market cap to $450 million in a non-bull market environment. If it experiences a true bull market for the first time in the future, there may be an even larger upside.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

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