$BOME Make This Trader Earn a Lot, Here's the Story!

Bittime - The cryptocurrency market is again shocked by the emergence of $BOME, the latest memecoin operating on the Solana network. Shortly after its debut, $BOME immediately achieved an impressive market cap of $95 million, signaling a surge of investor enthusiasm for memecoins.

A report from LookOnChain, an on-chain analytics platform, reveals that early investors $BOME have achieved huge profits. A trader known as "shatter.sol" managed to turn his initial investment of 50 $SOL (around Rp121 million) into 170.25 million $BOME tokens.

Sell When Prices Are High

With a sell strategy during a price increase aka sell high, the trader managed to make a profit of 717 $SOL (around Rp1.7 billion) in just 14 hours. Another bolder investor invested 421 $SOL (around Rp6 billion) in the presale, and now the investment value has soared to $1.5 million (around Rp21.4 billion), making him the largest holder with an unrealized profit of $1.45 million (around Rp20.7 billion).

The same investor also added to the investment by purchasing 128.37 million $BOME tokens through another wallet at a cost of 231 $SOL (approximately Rp3.3 billion), increasing exposure to this fast-rising asset.

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Getting Coins Early

Amid the explosion of the memecoin market, many are wondering how to find potential replacements for $BONK, $PEPE, and $WIF. One of the key takeaways is to get in early on, especially during the ICO phase. NuggetRush, for example, is a memecoin that integrates play-to-earn games with gold mining ventures, offering exciting presale opportunities.

The astonishing rise of $BOME tokens, which has increased by 2,600% since its launch, confirms the appeal of memecoins in the cryptocurrency market. The success of memecoins such as $WIF, $PEPE, and $DOGE has paved the way for $BOME to attract investors looking to capitalize on the high enthusiasm and volatility around these assets.

Conclusion

Although the cryptocurrency community is still fixated on the memecoin phenomenon, the huge profit potential continues to attract interest from both experienced traders and those just starting out.

However, it is important to remain cautious and do in-depth research before investing, given that the volatility inherent in these assets can lead to significant losses as quickly as profits are earned.

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How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.

Learn the Complete Guide on How to Buy Crypto on Bittime.

Also Read:

Memecoin (MEME): Token Made by 9GAG Founder

A Look at the Potential of Pepe (PEPE): A Meme Coin on the Rise

A Trader Bets 7 Million Rupiah on COQ INU and Gets 30 Billion Rupiah

Monitor the price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.