The hype surrounding Donald Trump’s anticipated inauguration on January 20 has propelled $MVRS into the spotlight, with the token witnessing a sharp 90% surge in the past hour. This growing momentum has attracted attention from savvy traders who have capitalized on the token’s meteoric rise. Smart Trader Turns $50K into $164K One such trader, known by wallet address 8zFZH, has managed to secure a staggering $160,000 profit from trading $MVRS. Twenty-six days ago, this trader swapped 250 $SOL (valued at around $50,000) for 2.392 million $MVRS tokens. With the token’s recent price spike, the position is now worth $164,000, representing a 3.2x return in under a month. Impressively, the trader has yet to cash out and holds the entire position in another wallet, H1gJR25VX. A Veteran in Meme Coin Trading This isn’t the first time the trader has struck gold in the volatile world of meme coins. Renowned for their expertise in Solana-based tokens, they have previously amassed approximately $8 million in profits from trading $MOODENG, $OMOCHI, and $PESTO. Their ability to spot trends early and execute timely trades has earned them a reputation as one of the smartest players in the ecosystem. Smart trader 8zFZH made a $160K profit (3.2x) by trading $MVRS ( @mvrs ). He swapped 250 $SOL (~$50K) for 2.392M $MVRS 26 days ago. The position is now worth $164K, giving him an unrealized profit of $160K (3.2x) in less than a month. He still holds all these tokens in another… pic.twitter.com/mMuToKst6q — Spot On Chain (@spotonchain) January 16, 2025 $MVRS: The Next Big Meme Coin? With the inauguration date just days away, $MVRS continues to gain traction, driven by speculation and excitement. The token’s sharp rise highlights the growing interest in meme coins linked to high-profile events, and its upward momentum shows no signs of slowing. As $MVRS maintains its bullish trend, all eyes are on the market to see whether this hype-fueled rally will sustain or take a turn post-inauguration. For now, traders and investors alike are riding the wave of optimism surrounding Trump’s return to office. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: moxumbic/ 123RF // Image Effects by Colorcinch
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