In the world of memecoins, some tokens have been gaining significant attention from Smart DEX Traders (SDTs) over the past 24 hours, with $SPX standing out as one of the fastest-growing.
Here’s a breakdown of the top three memecoins SDTs have accumulated recently:
1. $MAGA – $374.6K
2. $WOJAK – $157.7K
3. $PEPE – $114.1K
Among these, $MAGA has taken the lead, becoming the most accumulated memecoin by SDTs. The question on everyone’s mind is whether $MAGA is poised for another surge in value.
One noteworthy player in the memecoin game is dimethyltryptamine.eth, who made waves 90 days ago by spending 15.6 $ETH (approximately $47K) to purchase 3.64 million $SPX tokens. Today, those tokens are worth an astonishing $1.27 million, delivering an impressive 26x return within just three months.
dimethyltryptamine.eth’s prowess doesn’t stop there. In a legendary move, he invested a mere 0.125 $ETH ($251) to acquire a staggering 5.9 trillion $PEPE tokens, which peaked at a value of $100 million. He later sold 3.94 trillion of those $PEPE tokens for 2,614 $ETH (around $5 million), while holding onto 1.97 trillion $PEPE, currently worth $19.9 million.
This kind of savvy trading has earned dimethyltryptamine.eth a legendary status among crypto traders, and it highlights the massive potential memecoins hold for those with an eye for timing. With $MAGA topping the list of recent buys, many are now watching closely to see if it will follow a similar trajectory.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.