Crypto News – The financial success of meme coins on the Base network is demonstrated by the story of a cryptocurrency trader who invested $113,000 and eventually amassed $3.4 million. The financial achievement of trading meme coins can yield amazing returns, as demonstrated by Lookonchain’s insights.
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The Move to Base Meme Coins: A Crypto Whale Turns $113K into $3.4 Million
The trader bridged 38 Ethereum, or almost $113,000, to Base to start their venture. Following that, on March 2, they used 31.6 ETH to purchase 85.36 million Degen. It’s amazing that the trader kept 12.6 million DEGEN, which is currently worth $600,000, after selling 72.73 million DEGEN for 2.83 million USDC.
Is the Migration to the Base Part of a Strategic Plan?
Moving to Base denotes a calculated quest for fresh cryptocurrency wealth pathways. If used wisely, meme coins, which are fueled by robust community support and social media impact, present significant financial prospects.
Furthermore, the change from Solana to Base meme coins represents a significant trend change. Analyst Rekt Fencer, who made money with Solana meme coins in the past, is now an advocate for Base tokens, pointing to their enormous gain potential. To further increase the appeal of the platform, Coinbase plans to introduce features that will enable its 100 million users to trade on Base seamlessly.
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