Trader Turns $16k into $10,000,000 After Bonk Price Skyrockets Higher – Here’s the Other Coin He’s Watching
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A trader has turned $16,000 into more than $10,800,000 by betting on the recent BONK! ($BONK) price rally.
https://twitter.com/LawliettesLab/status/1735473218775851305
As per a tweet screenshot of his unrealized profit and loss on ByBit, an X user called @LawliettesLab has been raking in huge but still unbooked profits via a 6x leveraged bet on $BONK.
The $BONK price is up around 120% in the past two days, taking its gains in the last just over one month to an astonishing more than 13,000% (i.e. more than 130x).
Its latest pump comes following the token’s surprise listing on Binance, by far the world’s largest cryptocurrency exchange.
Gm @binance
Trading has officially begun
Binance is now on the BONKmas Nice List 🐶🎁 https://t.co/GHUngRe0Qf— BONK!!! (@bonk_inu) December 15, 2023
$BONK, a Solana-based dog inspired meme coin, last had a market cap of around $1.7 billion, making it the third largest meme coin behind Dogecoin and Shiba Inu and ranking it ahead of Pepe Coin.
Hailing @LawliettesLap as “the goat”, an account called @wizardofsoho quipped that this bull market is going to completely next level, before adding that crypto investors are just one trade away from making millions and millions, and that barely $5,000 is needed to get started.
You are literally 1 trade away from making millions and millions. You barely need 5k to get started.
Crypto is fcking INSANE
— Wizard Of SoHo (🍷,🍷) (@wizardofsoho) December 15, 2023
@wizardofsoho is apparently something of a trader himself.
In a recent tweet, he claimed that his usual plan is to make $1,000 a day in the bear market and $20,000 in the bull market.
Pro-Trader Keeping An Eye on This Exciting New GambleFi Coin
@wizardofsoho has been keeping an eye on an exciting new crypto gambling protocol TG.Casino.
Exciting News!!!
We are proud & excited to announce that our KYC has been APPROVED by The Verification Gold Standard, @AssureDefi ✨✅
Taking a step towards solid investor security and transparency.
View our KYC #Certificate:https://t.co/N940WZJsE3 pic.twitter.com/UNCJyHPUSn
— TG Casino (@TGCasino_) November 10, 2023
In November, he praised the protocol for gaining important KYC approval from AssureDeFi.
TG.Casino is a Telegram-based, blockchain-powered GambleFi protocol that has now been live for a few months.
It allows its users to play classic casino games using their crypto and is underpinned by the transparency and decentralization of the blockchain.
@wizardofsoho has been using the protocol going all the way back to October.
The best tg casino $tgc
— 🩸Mr.B🩸 🇾🇪 (@bd_lans) October 18, 2023
Dozens of other high-profile and well-known traders have also been praising TG.Casino’s innovative GambleFi platform, which probably explains why its presale has been performing so well.
The protocol has already raised over $4 million via the sale of its native $TGC token.
Early investors are already making yields in the region of 156% (thanks to rewards specifically set aside for $TGC token stakers – all tokens bought in presale are automatically staked).
While this yield will fade over time as more money pours into the presale, $TGC holders will also benefit from TG.Casino’s planned token buyback scheme, which will provide passive income to $TGC token stakers and raise the token’s price through token burns.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
