Crypto Trader Nets $17 Million From AI Coins: Here’s What He’s Buying Now

Quick Summary:

The analysis also highlights significant gains from Fartcoin, which the trader bought at a market cap of under $7 million, paying $121,000 for around 9.46 million tokens.He sold 6.81 million of those tokens for $610,000 while keeping 2.65 million tokens that are collectively valued at $3.55 million, bringing his net profit on Fartcoin to roughly $4 million.

A crypto trader with a keen eye for artificial intelligence (AI) projects has reportedly amassed profits of more than $17 million from several AI-focused tokens, and on-chain data now points to a pivot toward fresh memecoins.

Crypto Trader Turns AI Coins Into $17 Million Lookonchain reports via X, "What a smart AI coin trader! Profits exceeded $5.14M on GOAT.Profits exceeded $4.5M on ai16z.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: United KingdomAustria

Topics: Crypto news Crypto Cryptocurrency Market News Cryptocurrency AI Crypto Trend Memecoins AI crypto coins

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 09:00:19 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 67 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 24913296

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