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Trader Records 16,564% in Total Profits on Solana-Based AI Altcoin in Under Three Months: On-Chain Data

by Catatonic Times
January 11, 2025
in Altcoin
Reading Time: 3 mins read
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Blockchain monitoring agency Lookonchain says one savvy crypto dealer generated astronomical returns on a synthetic intelligence (AI) associated digital asset in simply three months.

In keeping with Lookonchain, an nameless dealer pulled in huge earnings after shopping for practically 21 million utility tokens for the AI agent challenge ai16z (AI16Z).

“This dealer noticed ai16z early on October twenty fifth, 2024. He purchased 13.45 million ai16z with $70,000 and seven.45 million ai16z for $547,000. He at present holds 6 million ai16z ($11.04 million), with a complete revenue of $11.5 million – a 16,564% return!”

AI16Z is buying and selling for $1.37 at time of writing, down 20.4% within the final 24 hours. The Solana (SOL)-based altcoin has a market cap of $1.5 billion, making it the 84th-largest crypto challenge.

The dealer can also be seeing huge earnings on two different Solana-based AI-focused initiatives.

Lookonchain says the dealer has raked in a greater than 808% acquire on his Zerebro (ZEREBRO) funding.

“This dealer aped into ZEREBRO when its market cap was $11 million, spent $295,000 to purchase 6.45 million ZEREBRO, and offered 1.4 million ZEREBRO for $697,000. He at present holds 5 million ZEREBRO ($1.98 million), with a complete revenue of $2.38 million.”

Supply: Lookonchain/X

He is also seeing a greater than 2,648% acquire on his GRIFFAIN (GRIFFAIN) purchases.

“This dealer aped into GRIFFAIN when its market cap was lower than $8 million, spent $125,000 to purchase 8.05 million GRIFFAIN, and offered 3.05 million GRIFFAIN for $1.22 million. He at present holds 5 million GRIFFAIN ($2.22 million), with a complete revenue of $3.32 million.”

Image
Supply: Lookonchain/X

Zerebro is buying and selling for $0.29 at time of writing, down 17.5% within the final 24 hours. With a market cap of $299.8 million, the altcoin is the 276th-largest crypto challenge.

In the meantime, GRIFFAIN is buying and selling for $0.34 at time of writing, down 15.9% within the final 24 hours. With a market cap of $342.6 million, the altcoin is the 256th-largest crypto challenge.

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Disclaimer: Opinions expressed at The Every day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses it’s possible you’ll incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please word that The Every day Hodl participates in internet affiliate marketing.

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Tags: AltcoinDataMonthsOnchainProfitsRecordsSolanaBasedTotalTrader
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