A savvy trader has recently capitalized on the surge of AI agent coins, raking in an astounding $37 million by spotting emerging trends early in this niche.
What led to this success? Data from Lookonchain reveals that this trader achieved an impressive 89.07% win rate in just 30 days. Among his significant transactions was the acquisition of 9.16 million ai16z tokens on October 25, 2024, for a mere 18 Solana (worth about $3,000).
In a strategic move, he sold 1.32 million tokens for an impressive $1.71 million, while still holding onto 7.85 million tokens valued at $17.26 million. This savvy transaction alone yielded a remarkable profit of $19 million, representing a staggering 6,400% return.
But that’s not all! The trader also invested in 17.31 million Fartcoin tokens at a cost of $12,500 when its market valuation was only $83,000. He later sold 6.71 million of those tokens for $5.41 million, and currently retains 10.6 million tokens, which are currently worth $12.83 million. This venture amounted to a remarkable $18 million profit with a 1,490% return.
His portfolio also includes speculative investments in various low-cap tokens like EEF, DEAL, GG, SXBT, FARTOLOGY, and TBOO. Recently, he made headlines by purchasing OPAIUM for 400 SOL, a move valued at $86,000.
Why is this important? Both Fartcoin and ai16z have demonstrated impressive 7-day gains of 49% and 22%, respectively. This surge has sparked considerable interest among crypto traders and analysts who are contemplating the longevity of this trend.
Notable crypto analyst Lark Davis pointed out that the gains from Fartcoin over the past couple of months have outpaced the S&P 500’s performance since 1990. Imagine the excitement for those who invested in Fartcoin two months ago!
Likewise, Doc, a crypto trader operating under a pseudonym, indicated that while the trajectory of Fartcoin isn’t flawless, its daily performance warrants close monitoring and hints at further potential growth.
As for ai16z, it has recently celebrated milestones, including a 38% rally boosting its market cap from $1.4 billion to $1.9 billion. Future plans include launching an open-source Layer-1 blockchain and a token launchpad.
According to Cryptocurrency Inside, ai16z is now listed among the top meme coins by trading volume, standing alongside giants like Dogecoin and Shiba Inu.
This trader’s remarkable success showcases the potential rewards hidden within the crypto landscape—especially with AI agent coins on the rise.
