Follow Us @
PENDLE: token rise makes trader multiply his equity seven times
-Trending Marketing news, content marketing, latest Ways to rank your website, marketing discoveries, Local SEO, seo and social media marketing services. enjoy your stay on our website.
In recent days, buyers have taken over the market, reflecting the price of Bitcoin (BTC) approaching US$90,000. But in another cryptocurrency, a trader who invested $1.2 million in PENDLE turned that amount into $9.36 million thanks to the market rally.
This came after Bitcoin reached a new ATH at $88,000. As a result, many analysts predicted it would rise to $100,000 or even higher before the end of the year. In fact, there is less than 15% appreciation left for BTC to reach this mark, with the cryptocurrency having appreciated 27% in just the last seven days.
Bitcoin’s bullish momentum has hit the market as a whole, creating several success stories. For example, a cryptocurrency trader made $3 million in just 1 hour thanks to this rally, trading memecoins.
According to Spotonchain, a trader invested $1.2 million in PENDLE, and today that portfolio has $9.36 million. In other words, a gain of almost 800% in the operation.
Trader records profit of almost 700% with PENDLE
However, this was not a gain of a minute, but took almost a year. This shows that the long-term strategy and waiting to reap the results offers great returns.
The trader purchased 1.595 million PENDLE between July 29 and November 11, 2023. At that time, he spent $1.2 million and paid $0.752 per token, but PENDLE appreciated by 400% in one year.
This revelation came after the cryptocurrency investor sold 1.295 million PENDLE for $7.61 million a few hours ago. With this, he profited US$7.16 million and is holding another 300 thousand PENDLE, which are worth US$1.7 million at current prices.
In total, the investor can profit more than US$9 million, with US$8.16 million in profits. This means a gain of 680% over a period of one year.
PENDLE is one of the most popular cryptocurrencies on the market, with US$945.88 million in market value. As a result, the PENDLE token is now valued at US$5.78, the highest value in almost three months.
However, despite this, the token is still 23% below its all-time high, which reached $7.52 in April.
PENDLE: token rise makes trader multiply his equity seven times
Follow TODAYSGIST on Google News and receive alerts for the main trending SEO news, Ai news, latest Ways to rank your website, marketing discoveries, Local SEO and lots more!
PENDLE: token rise makes trader multiply his equity seven times
SHARE POST AND EARN REWARDS:
Did you like this post?!!! Join our Audience reward campaign and make money reading articles, shares, likes and comment >> Join reward Program
FIRST TIME REACTIONS:
PENDLE: token rise makes trader multiply his equity seven times
Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.
JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >
PENDLE: token rise makes trader multiply his equity seven times
