On April 3, a crypto trader made headlines by turning $13,000 into over $2 million; resulting in a huge 15,700% gain. The trader invested in the new memecoin called Donotfomoew (MOEW) on the Base blockchain.
Blockchain analytics firm Lookonchain revealed the trader bought 499.9 million MOEW with just 4 Ether (ETH).
Within 10 minutes of MOEW’s listing on decentralized exchanges (DEXs), the trader sold 111.65 million MOEW for 99 ETH ($328,000). Currently, the trader holds 388.24 million MOEW, valued at $1.76 million.
MOEW, a cat-themed meme token, was launched by Bitget Wallet “just for funsies.” But its value skyrocketed, reaching a market cap of $31 million.
More than 8,000 addresses have received MOEW tokens in the ongoing airdrop. The airdrop rewards users who hold enough BWB points in Bitget Wallet.
