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A trader has made a profit of over 30% by betting on related MEME coins after Musk publicly endorsed Trump's campaign
Bitget2024/10/07 07:45
On October 7th, according to Spot On Chain monitoring, after Musk gave a speech supporting Trump, a trader made a profit of $113,000 (+ 31.5%) by betting on TRUMP and MAGA in just 17 hours.
Yesterday, at the beginning of Musk's live speech, the trader spent $360,000 USDC to buy 2.449 billion MAG ($300,000) and 1,836.4 billion TRUMP ($60,000). Now, the value of these assets is $398,000 and $75,300 respectively (a total floating profit of $113,000).
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