Benzinga - Dogwifhat's (CRYPTO: WIF) 15% single-day surge and 700% monthly gains have netted one trader a profit of over $1 million.
What Happened: MrBanks, an anonymous crypto and betting professional, recently shared on X (formerly Twitter) that he made $1.3 million from trading on spot and futures markets, focusing primarily on two meme coins — Dogwifhat and Memecoin.
The majority of his profit, totaling $1.03 million, came from WIF in just three weeks.
“Now I can focus on landing $2m for the street on Stake,” he stated.
In another tweet, he reminded his followers, “Don’t forget who gave you WIF at $1 and kept telling you to buy the $2 dip when we get to $5.”
My most profitable month trading$1.3M from trading on spot & futures $WIF making me over $1m in 3 weeks
Now I can focus on landing $2m for the street on Stake