Benzinga - A trader reportedly transformed $300 into a staggering $1.03 million within just ten days.
What Happened: This financial feat was connected to Tesla CEO Elon Musk’s X (formerly Twitter) shenanigans, where his profile change hinted at investment opportunities for the savvy trader.
According to Lookonchain, a blockchain analysis platform, the trader withdrew 4.313 Ethereum (CRYPTO: ETH) (equivalent to $10,113) from the cryptocurrency exchange Binance as soon as they noticed Elon Musk had updated his X bio to “(CTO) Chief Troll Officer.”
Musk changed his bio to ‘Chief Troll Officer’. (Screengrab: X/Twitter)
The trader used this amount to purchase 19.37 trillion TROLL (CRYPTO: TROLL) tokens, and then sold 9.37 trillion TROLL tokens for 5.318 Ethereum (around $12,467), while still retaining 10 trillion TROLL tokens, now valued at $1.03 million.
In just 10 days, this trader turned $300 into $1.03M!