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Trader Who Once Achieved a 3500x Return Strikes Again: $10,000 Added to Position in New Token SPIKE

3 hours ago

April 18th, per Lookonchain monitoring, the well-known trader wallet address J3jfq8—who previously netted over 3,500x returns on MOODENG—executed another trade 4 hours ago: spending 10,000 USDC to purchase roughly 1.12 million SPIKE tokens. Looking back at past trades, this address opened a position when MOODENG’s market cap was just ~$320,000: using 8.1 SOL (roughly $1,072 at the time) to buy 33.4 million tokens. It later sold in batches via DEXs and MEXC, realizing total profits of at least $3.8 million—an over 3,500x return. Analysts note this wallet’s latest move could spark short-term capital inflows from followers. However, such high-volatility assets carry significant risks, with returns heavily dependent on early liquidity access and precise exit timing. BlockBeats Note: Most meme coins lack practical utility and see extreme price swings. Exercise caution to protect your assets and avoid FOMO (fear of missing out).
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The Iranian military fires at an oil tanker attempting to cross the Strait of Hormuz

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Binance Wallet Feature Upgrade: Support for One-Click Buy, Asset Yield Display, and Hotspot Radar

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