Bitcoin and the cryptocurrency market’s unpredictability is a characteristic feature of this market. It’s really uncertain who will make how much profit or loss and when. Even for those participating in presales, it’s extremely difficult to predict their earnings. On the other hand, some projects with presales become worthless even before entering the cryptocurrency market. Today, an investor made significant profits from an altcoin project listed on Binance. Let’s look at the details.
Altcoin Book of Meme (BOME) Investment
Crypto currency market stories of investors making significant gains are not ending. There will always be individuals making substantial profits. However, some profits reach amounts that are truly staggering. The figures are astonishing.
Our news is about a meme coin BOME investor. Accordingly, a BOME investor made an investment of 102 SOL during the presale. The total value of this investment was $19,000. In return for 102 SOL, the investor received 347 million BOME.
Binance Listing and Massive Gains for BOME Investor
As you may recall, today Binance listed BOME. The price of BOME was already increasing before the listing. Let’s examine the profit the investor made from BOME tokens.
Looking at the profit of the meme coin BOME investor, the magnitude of the profit is truly dazzling. The investor has sold all 347 million BOME for 34,657 SOL. The monetary equivalent of the sold SOL is valued at $6.58 million.
Occasional Large Profits in Crypto
Cryptocurrency market occasionally witnesses such lucky investors. However, considering that the number of investors in the cryptocurrency world reaches hundreds of millions, these examples are exceptional.
Everyone would naturally desire such a profit, but since we can’t predict some things in advance, we can only evaluate them after they happen. However, as exceptional as it may be, it is a striking example that shows every possibility exists in the world of cryptocurrency.
The price of BOME, which was listed today on the cryptocurrency exchange Binance, was trading at $0.023376 at the time of writing. Meme coin BOME has seen a 24-fold increase over the past week.