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Trader Records 16,564% in Total Profits on Solana-Based AI Altcoin in Under Three Months: On-Chain Data

SCRYPTO MAGAZINE by SCRYPTO MAGAZINE
January 11, 2025
in Altcoins
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Trader Records 16,564% in Total Profits on Solana-Based AI Altcoin in Under Three Months: On-Chain Data
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Blockchain monitoring agency Lookonchain says one savvy crypto dealer generated astronomical returns on a man-made intelligence (AI) associated digital asset in simply three months.

In response to Lookonchain, an nameless dealer pulled in huge income after shopping for almost 21 million utility tokens for the AI agent challenge ai16z (AI16Z).

“This dealer noticed ai16z early on October twenty fifth, 2024. He purchased 13.45 million ai16z with $70,000 and seven.45 million ai16z for $547,000. He at the moment holds 6 million ai16z ($11.04 million), with a complete revenue of $11.5 million – a 16,564% return!”

AI16Z is buying and selling for $1.37 at time of writing, down 20.4% within the final 24 hours. The Solana (SOL)-based altcoin has a market cap of $1.5 billion, making it the 84th-largest crypto challenge.

The dealer can be seeing huge income on two different Solana-based AI-focused initiatives.

Lookonchain says the dealer has raked in a greater than 808% acquire on his Zerebro (ZEREBRO) funding.

“This dealer aped into ZEREBRO when its market cap was $11 million, spent $295,000 to purchase 6.45 million ZEREBRO, and bought 1.4 million ZEREBRO for $697,000. He at the moment holds 5 million ZEREBRO ($1.98 million), with a complete revenue of $2.38 million.”

Image
Supply: Lookonchain/X

He is also seeing a greater than 2,648% gain on his GRIFFAIN (GRIFFAIN) purchases.

“This dealer aped into GRIFFAIN when its market cap was lower than $8 million, spent $125,000 to purchase 8.05 million GRIFFAIN, and bought 3.05 million GRIFFAIN for $1.22 million. He at the moment holds 5 million GRIFFAIN ($2.22 million), with a complete revenue of $3.32 million.”

Image
Supply: Lookonchain/X

Zerebro is buying and selling for $0.29 at time of writing, down 17.5% within the final 24 hours. With a market cap of $299.8 million, the altcoin is the 276th-largest crypto challenge.

In the meantime, GRIFFAIN is buying and selling for $0.34 at time of writing, down 15.9% within the final 24 hours. With a market cap of $342.6 million, the altcoin is the 256th-largest crypto challenge.

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Disclaimer: Opinions expressed at The Every day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any losses it’s possible you’ll incur are your duty. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in internet affiliate marketing.

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