{"id":12194,"date":"2024-04-02T11:24:16","date_gmt":"2024-04-02T08:24:16","guid":{"rendered":"https:\/\/forklog.com\/en\/trader-transforms-0-1-eth-into-8-39-million-with-low-cap-tokens\/"},"modified":"2024-04-02T11:24:16","modified_gmt":"2024-04-02T08:24:16","slug":"trader-transforms-0-1-eth-into-8-39-million-with-low-cap-tokens","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/trader-transforms-0-1-eth-into-8-39-million-with-low-cap-tokens\/","title":{"rendered":"Trader Transforms 0.1 ETH into $8.39 Million with Low-Cap Tokens"},"content":{"rendered":"<p>A user known as Larp Von Trier managed to increase his investment by 23,770 times in just six days using tokens with a market capitalization of less than $5000. Analysts at Lookonchain highlighted this achievement.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/ Crazy!<a href=\"https:\/\/twitter.com\/LarpVonTrier?ref_src=twsrc%5Etfw\">@LarpVonTrier<\/a> turned 0.1 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($353) into $8.39M on <a href=\"https:\/\/twitter.com\/hashtag\/Base?src=hash&#038;ref_src=twsrc%5Etfw\">#Base<\/a> in just 6 days, a gain of 23,770x!<\/p>\n<p>How did he do it?<\/p>\n<p>Let&#8217;s learn about his story. <a href=\"https:\/\/t.co\/8AwtepfFLX\">pic.twitter.com\/8AwtepfFLX<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1775051782735163655?ref_src=twsrc%5Etfw\">April 2, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, the trader announced a hunt for potentially promising coins on the Coinbase exchange. On March 27, he purchased 1.3 billion KEYCAT (13.16% of the total supply) for 0.1 ETH ($353). At that time, the token had been trading for only a few days, with a capitalization of just $2200.<\/p>\n<p>Subsequently, Larp Von Trier sold 344.7 million KEYCAT for 497 ETH ($1.75 million). His six wallets still hold 971.2 million KEYCAT (9.71% of the total supply), now valued at $6.64 million.<\/p>\n<p>Not all of the user&#8217;s trades were successful. Previously, he purchased NORMIE and NORMILIO, losing $820 (-23%) and $9700 (-84%) respectively.<\/p>\n<p>Back in late March, an unknown user <a href=\"https:\/\/forklog.com\/en\/news\/trader-nets-8-9-million-in-two-hours-with-mew-token\">earned $8.9 million in two hours<\/a> with the &#8220;cat&#8221; token MEW.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A user known as Larp Von Trier managed to increase his investment by 23,770 times in just six days using tokens with a market capitalization of less than $5000. Analysts at Lookonchain highlighted this achievement. 1\/ Crazy!@LarpVonTrier turned 0.1 $ETH($353) into $8.39M on #Base in just 6 days, a gain of 23,770x! How did he [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1267,436],"class_list":["post-12194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-trading","tag-trading"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=12194"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/12193"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=12194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=12194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=12194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}