Trader Achieves 920x Return After Investing in Meme Cryptocurrency
After a dramatic rise in the meme cryptocurrency First City in Mars (TERMINUS), one trader achieved an astonishing 920-fold return on their investment.
On-chain data reveals that this anonymous investor transformed a $135 stake into an impressive $124,000 within just two weeks, driven by the explosive growth of TERMINUS, as reported by Lookonchain on September 21.
The token, available on Uniswap and paired with Ethereum (ETH), surged following speculative social media posts regarding Elon Musk’s future plans for a Mars colony.
The excitement began when crypto influencer DogeDesigner suggested that Musk might name the first city on Mars “Terminus,” contributing to a staggering 10,000% increase in the token’s value in a single day.
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According to the analysis, the trader initially invested on September 8, acquiring 3.4 million TERMINUS tokens through Uniswap.
By the time of the report, the token was valued at approximately $0.03589, elevating the trader’s total investment to $124,300. Currently, TERMINUS is trading at $0.065, reflecting a remarkable 24-hour gain of around 17,000%.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
