Smart Money Earns 6258% Profits from MIGGLES Tokens!
2024-07-19Bittime - According to on-chain analyst AI Yi, a smart money managed to achieve huge profits reaching 6258% from MIGGLES tokens. How much total profit does smart money get? Read this article to find out!
MIGGLES Smart Money
After the launch of MIGGLES, smart money with addresses 0xB98...ED7dA went on a buying spree, spending 2.6 ETH to buy 19.13 million MIGGLES at an average price of $0.00047.
In a short time, the smart money had sold 75% of its holdings for a profit of $279,000. while the remaining 4.64 million MIGGLES still have a floating profit of $283,000. That way, this smart money has generated a total profit of $562,000.
MIGGLES Token
The success of MIGGLES trading by smart money has raised various questions and interest among investors and market observers. MIGGLES, newly launched, has shown very attractive performance for investors who invested early.
This token is a clear example of the potential huge profits that can be achieved in crypto, especially when identifying opportunities quickly and investing at the right time. This successful smart money is not only lucky, but also shows analytical skills and wise investment decisions.
MIGGLES Trading Strategy
The strategy applied by smart money in MIGGLES trading includes several important things.
- Choosing the Right Time: The smart money bought MIGGLES at an average price of $0.00047 immediately after its launch. The right purchase time makes it possible to get a very favorable price before the token value increases sharply.
- Risk management: By selling 75% of their holdings, the smart money capitalized on the gains significantly while retaining most of the tokens for potential further gains. This approach helps lock in profits while maintaining potential price increases.
- Strategic Analysis and Decisions: The decision to remain holding 4.64 million MIGGLES shows that the smart money has confidence in the future potential of the token and is ready to exploit market fluctuations for additional profits.
While the huge profits from trading MIGGLES are impressive, it is important to remember that investing in a new token market like MIGGLES also carries risks. New tokens often experience high volatility, and strategies that are successful for one token do not always work for another.
How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
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