Cryptocurrency Trading | ForkLog

ForkLog 7 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 40 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 10 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 9 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 12 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 13 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 26 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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ForkLog 19 13.05.2024

KITTY Meme Coin Soars 6000% Following Reawakening of ‘Sleeping’ X-Account

On May 13, a trader achieved a 32-fold profit on the meme token KITTY following the reactivation of the X-account belonging to financial analyst Keith Gill (The Roaring Kitty), who in 2020 incited a retail trader ‘war’ against Wall Street. Analysts at Lookonchain noted this development. The MEMEcoin $KITTY is up over 6000% due to […]

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ForkLog 18 10.05.2024

Insider Gains $2.5 Million from Minette Token in Less Than a Day

An unknown user engaged in an insider deal, securing $2.5 million in unrealized profits from the new Minette token after investing 2.89 SOL ($445). Analysts at Lookonchain highlighted this event. Starting at 3.89 $SOL($600), the insider turned it to 999 $SOL($153.56K) in just 15 hours and has $2.5M in unrealized profits. He withdrew 3.89 $SOL($600) […]

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ForkLog 38 08.05.2024

Trader Turns 60 SOL into $1.26 Million with Meme Coin Investment

On March 10, a user spent 60 SOL ($8673) to purchase 24.8 million HAMMY meme tokens on Solana. Within two months, this investment grew to $1.26 million, as noted by Lookonchain. This trader is so patient! He turned 60 $SOL($8,673) into $1.26M in 2 months, a gain of 144x! He spent 60 $SOL($8,673) to buy […]

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