Trader Turns $16k into $10,000,000 After Bonk Price Skyrockets Higher – Here’s the Other Coin He’s Watching

Joel FrankJoel Frank
Joel Frank
Last updated:

December 15, 2023 06:51 EST
| 2 min read

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.
BONK!BONK!
BONK! Listed on Binance

A trader has turned $16,000 into more than $10,800,000 by betting on the recent BONK! ($BONK) price rally.

As per a tweet screenshot of his unrealized profit and loss on ByBit, an X user called @LawliettesLab has been raking in huge but still unbooked profits via a 6x leveraged bet on $BONK.

The $BONK price is up around 120% in the past two days, taking its gains in the last just over one month to an astonishing more than 13,000% (i.e. more than 130x).

Its latest pump comes following the token’s surprise listing on Binance, by far the world’s largest cryptocurrency exchange.

$BONK, a Solana-based dog inspired meme coin, last had a market cap of around $1.7 billion, making it the third largest meme coin behind Dogecoin and Shiba Inu and ranking it ahead of Pepe Coin.

Hailing @LawliettesLap as “the goat”, an account called @wizardofsoho quipped that this bull market is going to completely next level, before adding that crypto investors are just one trade away from making millions and millions, and that barely $5,000 is needed to get started.

@wizardofsoho is apparently something of a trader himself.

In a recent tweet, he claimed that his usual plan is to make $1,000 a day in the bear market and $20,000 in the bull market.

Pro-Trader Keeping An Eye on This Exciting New GambleFi Coin


@wizardofsoho has been keeping an eye on an exciting new crypto gambling protocol TG.Casino.

In November, he praised the protocol for gaining important KYC approval from AssureDeFi.

TG.Casino is a Telegram-based, blockchain-powered GambleFi protocol that has now been live for a few months.

It allows its users to play classic casino games using their crypto and is underpinned by the transparency and decentralization of the blockchain.

@wizardofsoho has been using the protocol going all the way back to October.

Dozens of other high-profile and well-known traders have also been praising TG.Casino’s innovative GambleFi platform, which probably explains why its presale has been performing so well.

The protocol has already raised over $4 million via the sale of its native $TGC token.

Early investors are already making yields in the region of 156% (thanks to rewards specifically set aside for $TGC token stakers – all tokens bought in presale are automatically staked).

While this yield will fade over time as more money pours into the presale, $TGC holders will also benefit from TG.Casino’s planned token buyback scheme, which will provide passive income to $TGC token stakers and raise the token’s price through token burns.

Visit TG.Casino Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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