TRUMP Token Early Investor Banks $4.38M Profit After Yesterday's Dip Buy

IconCryptoNewsTerminal Staff15 Jul, 2024

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TRUMP Token Early Investor Banks $4.38M Profit After Yesterday's Dip Buy

An early investor in the TRUMP token has made a killing, with their initial investment of $210,000 now worth over $4.38 million. The investor, who goes by the pseudonym 0x63a, bought 2.54 million TRUMP tokens during the first week of the token's launch. Since then, they have sold 1.99 million TRUMP tokens for $2.06 million, resulting in a realized profit of $2.04 million. However, the investor's unrealized profit is even more impressive, as the remaining 550,000 TRUMP tokens they hold are now worth $2.34 million. This means that the investor's total profit, including unrealized gains, is now over $4.38 million. The investor's success is due in part to the recent surge in the price of TRUMP tokens. The token's price pumped yesterday after news broke that former President Donald Trump had been shot. The token's price has since cooled off somewhat, but it is still trading well above its launch price of $0.08. It is unclear what the investor's plans are for their TRUMP tokens. They may choose to hold onto them in the hope that the price will continue to rise, or they may sell them and take their profits. Either way, the investor has already made a significant profit on their investment.

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