Unrealized Gains of $750K for meme coin Trader Thanks to Sun Wukong
One fortunate meme coin trader saw their investment of $999.91 in Sun Wukong ($SUNWUKONG) skyrocket to unrealized returns of around $750,000. This revelation emerged from a tweet by blockchain intelligence company Arkham Intel.
On August 19th UTC, an unknown trader going by the handle TDm2 purchased just under a thousand dollars’ worth of $SUNWUKONG. The token, a new TRON meme coin, pays homage to Sun Wukong, the leading character in the recently released video game Black Myth: Wukong.
TRON founder Justin Sun's profile picture change to Sun Wukong led to a massive surge in the meme coin's value. TDm2's holdings soared to over $400,000, peaking at a staggering $750,000 in unrealized profits amounting to 750X.
However, the anonymous investor hasn't sold their tokens yet, currently holding approximately $526,109.98 based on on-chain data. The potential for further gains or losses remains unknown.
Market Cap and Trading Volume Insights
According to DEXScreener, Sun Wukong presently boasts a market cap of $9.5 million with a 24-hour trading volume of $14.3 million. Price charts indicate a possible recovery to $0.016, yet a bearish flag pattern suggests a potential drop below the previous support level of $0.0095.
As Sun Wukong Pumps, crypto All-Stars Enjoys $638,450 Launch
Despite the hype surrounding the Sun Wukong meme coin driven by video games and Justin Sun, it pales in comparison to the established $40 billion meme coin sector. Those seeking significant gains akin to meme coin golden eras may find more promising avenues in presale projects garnering millions with both memes and utility.
crypto All-Stars, with its $STARS token, leads the charge in revolutionary staking protocols for meme coin enthusiasts. This platform unites renowned meme coins like pepe coin, Dogecoin, shiba Inu, and more for staking opportunities, offering a rewards rate of 2,336%.
With 20% of tokens allocated to presales and other portions designated for various functions including marketing and ecosystem development, crypto All-Stars has already raised $638,450 since its recent launch.
If you're a meme coin investor seeking to capitalize on staking rewards, crypto All-Stars presents a compelling alternative to Sun Wukong. Visit their website to acquire $STARS using ETH, USDT, BNB, or card payments. Follow their social media channels for the latest updates on their progress.
