Crypto Trader Turns $13,000 into Over $2 Million from MOEW Memecoin

A crypto dealer managed to revenue $2 million from an preliminary funding of $13,000, representing a achieve of 15,700%.

A crypto dealer managed to revenue $2 million from an preliminary funding of $13,000, representing a achieve of 15,700%. The dealer achieved this outstanding return by buying and selling in a memecoin known as Donotfomoew (MOEW), minted on the Base blockchain.

The cat-themed MOEW meme token was launched by Bitget Pockets, which emphasised that the memecoin was created purely to discover the potential of memes. Nonetheless, shortly after its debut on DEXs, MOEW skilled a surge in worth, reaching a market cap excessive of $53 million. In response to the value surge, Bitget Pockets cautioned customers towards shopping for, stating that fifty% of MOEW is allotted for LP addition (everlasting lock), whereas the opposite 50% is put aside for airdrop distribution. Bitget Pockets assured customers that they don’t retain any tokens.

Greater than 8,000 addresses have obtained MOEW tokens by means of the continuing airdrop, which is out there to customers who held ample BWB factors for the change pockets’s BWB token airdrop. Customers earned BWB factors over a six-week interval by sustaining balances in Bitget Pockets or conducting in-app cross-chain swaps. These factors will be exchanged for upcoming BWB tokens in Q2.

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