A trader known as @LawliettesLab on Twitter has gained massive profits by betting on the recent price rally of the cryptocurrency BONK! ($BONK). With a 6x leveraged bet, the trader managed to turn $16,000 into an impressive sum of more than $10,800,000. The tweet screenshot of the unrealized profit and loss on the ByBit platform corroborates this success.
The Skyrocketing BONK! Price
In just the past two days, the price of $BONK has surged by approximately 120%, adding to its already staggering gains of more than 13,000% in the last month alone. Such an astronomical increase translates to more than 130 times its original value. This remarkable surge in price follows BONK!’s unexpected listing on Binance, the largest cryptocurrency exchange globally.
This Solana-based meme token, inspired by dogs, has now reached a market capitalization of approximately $1.7 billion, positioning it as the third-largest meme coin, surpassing Pepe Coin and trailing closely behind Dogecoin and Shiba Inu. This extraordinary growth has drawn attention to the trader @LawliettesLab, who has been hailed as “the goat” in the bull market by an account called @wizardofsoho.
“This bull market is going to completely next level,” said @wizardofsoho. “Crypto investors are just one trade away from making millions and millions. Just $5,000 is enough to get started.”
@wizardofsoho, known for his trading prowess, shared his trading goals, stating that he aims to generate $1,000 per day during bear markets and a staggering $20,000 per day during bull markets.
TG.Casino: An Exciting Crypto Gambling Protocol
@wizardofsoho has also been closely following the innovative crypto gambling protocol TG.Casino. In November, he applauded the protocol for obtaining crucial KYC approval from AssureDeFi. TG.Casino is a blockchain-powered GambleFi protocol hosted on the Telegram platform, which has been live for a few months.
Users of TG.Casino can enjoy classic casino games using their cryptocurrencies, benefitting from the transparency and decentralization offered by blockchain technology. @wizardofsoho has been an avid user of the protocol since October, and many other prominent traders have also praised TG.Casino’s innovative GambleFi platform, leading to the success of its presale.
The presale of TG.Casino’s native token, $TGC, has already raised over $4 million, with early investors earning yields of approximately 156%. These rewards are specifically allocated to $TGC token stakers, and all tokens purchased during the presale are automatically staked. While the yield may decrease over time as more funds are invested, $TGC holders will also benefit from TG.Casino’s planned token buyback scheme, which includes token burns to raise the token’s price and provide passive income to $TGC token stakers.
For more information, visit TG.Casino.
