Cryptocurrency Trading | ForkLog

ForkLog 11 06.06.2024

Beercoin’s Price Surges to All-Time High Amid Whale Purchases

On June 5, the meme token Beercoin reached its ATH at $0.0005646. This followed significant purchases by a single trader, as noted by analysts at Lookonchain. Why has the price of #MEMEcoin $BEER been rising? It’s probably because a whale had been buying $BEER crazily. He has spent 31,052 $SOL($5.2M) to buy 29.25B $BEER at […]

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ForkLog 8 02.06.2024

Trader Nets $1.7 Million in Four Days with PEW Token

An anonymous trader amassed $1.72 million in just four days by trading the meme token PEW, multiplying their initial deposit 140 times. This was highlighted by analysts at Lookonchain. This trader made $1.72M in just 4 days by trading $PEW with only 3.2 $ETH($12.3K), a gain of 140x! He spotted $PEW 3 minutes after opening […]

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ForkLog 10 29.05.2024

Trader Achieves 762-Fold Profit on Meme Coin

An anonymous trader turned $861 into $657,000 in just five hours with a meme token on Solana, achieving a 762-fold increase in their deposit. This was noted by Lookonchain. In just 5 hours, this trader turned $861 into $657K, a gain of $762x! He spent 5.14 $SOL($861) to buy 86.55M $MOTHER(8.66% of the total supply) […]

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ForkLog 8 28.05.2024

Investor Nets $1.2 Million from Shiba Inu Over Three Years

A long-term investor in Shiba Inu (SHIB) has earned over $1 million from the meme coin, according to Etherscan data. On January 31, 2021, the user purchased approximately 48 billion SHIB for 2 WETH (~$2700) on the decentralized exchange Uniswap. The investor held the asset for about three and a half years, selling it on […]

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ForkLog 68 27.05.2024

Why the crypto market is not immune to survivorship bias

What links American bombers of the second world war and failed investments.

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ForkLog 12 27.05.2024

Traders Reap Hundredfold Gains from Trading Meme Coin MAGA Hat

Several holders of the politically-themed meme token MAGA Hat (MAGA) have reaped million-dollar profits from its price surge, as noted by analysts at Lookonchain. In just 3 days, this trader made $2.7M by trading $MAGA, with an ROI of 505%! He spent $537.5K to buy 6B $MAGA on May 24 and May 25, then sold […]

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ForkLog 12 22.05.2024

Traders Profit from New All-Time High of Meme Token PEPE

The meme coin PEPE has experienced significant growth over the past week, reaching an ATH of $0.0000142 on May 22, according to CoinGecko. In light of this, major companies and retail investors have reaped substantial profits, analysts at Lookonchain reported. One trader deposited 201.85 billion PEPE ($2.83 million) on the Bybit exchange. He traded the […]

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ForkLog 8 21.05.2024

Trader Accused of Insider Trading After Earning $1 Million on MAGA Token

An anonymous user has reportedly earned nearly $1 million from the politically themed meme token MAGA. Analysts at Lookonchain have accused the trader of insider trading. Note that an insider is selling #MEMEcoin $MAGA on #Ethereum! The insider spent 5.35 $ETH($19,586) to buy 140.4B $MAGA(33.37% of supply) with 22 wallets. So far, the insider has […]

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ForkLog 11 19.05.2024

Trader Nets Over $2 Million in Less Than a Day with 1DOL Token

A user with the address sundayfunday.sol earned approximately $2.26 million from the new token 1DOL, as noted by analysts at Lookonchain. sundayfunday.sol turned 13 $SOL($2,275) to $2.26M in just 8 hours by buying #1DOL, a gain of 993x! sundayfunday.sol is a legend! He is the largest pre-sale participant of $BOME, spending 421 $SOL($72K) to participate […]

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ForkLog 15 16.05.2024

CME Group to Introduce Bitcoin Spot Trading, Reports FT

The world’s largest financial derivatives exchange, CME Group, is planning to launch spot trading in bitcoin, complementing its existing futures product, according to FT. Sources cited by the publication indicate that the Chicago-based company is consulting with traders interested in cryptocurrency operations on a regulated market. The plan is not yet finalized. The introduction of […]

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ForkLog 15 15.05.2024

Trader Profits $46 Million from PEPE Amid Token’s All-Time High

A year ago, an investor put $3,000 into PEPE. Since then, the asset’s value has surged 15,718 times, as noted by Lookonchain. Earned more than $46M on $PEPE with only $3K, a gain of 15,718x!? This super big winner sold 255B $PEPE($2.3M) for profits again after the price of $PEPE increased. He spent only $3K […]

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ForkLog 30 14.05.2024

The Roaring Kitty’s Return Sparks AMC and GameStop Stock Rally

Shares of GME and AMC more than doubled over two trading days following the reactivation of analyst The Roaring Kitty’s X account. In cryptocurrencies, a wave of hype unfolded around meme tokens on Solana associated with the expert. On May 13, shares of GME and AMC surged by 74.4% and 78.4% respectively. The market reacted […]

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