Trader Records 16,564% in Total Profits on Solana-based AI Altcoin in Less than Three Months: On-chain Data

Blockchain monitoring firm Lookonchain says a savvy crypto dealer generated astronomical returns on a synthetic intelligence (AI)-related digital asset in simply three months.

In keeping with Lookonchain, an nameless dealer pulled in large income after shopping for nearly 21 million utility tokens for the AI ​​agent challenge ai16z (AI16Z).

“This dealer noticed ai16z early on October 25, 2024. He purchased 13.45 million ai16z at $70,000 and seven.45 million ai16z at $547,000. He at present owns 6 million ai16z ($11.04 million), with complete income of $11.5 million – a return of 16,564%!”

AI16Z is buying and selling at $1.37 on the 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 too to see large income on two different Solana-based AI-focused initiatives.

Take a look at chain say the dealer has made a revenue of over 808% on his funding in Zerebro (ZEREBRO).

“This dealer acquired into ZEREBRO when the market cap was $11 million, spent $295,000 to purchase 6.45 million ZEREBRO and bought 1.4 million ZEREBRO for $697,000. He at present owns 5 million ZEREBRO ($1.98 million), with complete earnings of $2.38 million.”

He additionally sees greater than 2.648% earn on his GRIFFAIN (GRIFFAIN) purchases.

“This dealer acquired into GRIFFAIN when the market cap was lower than $8 million, spent $125,000 to purchase 8.05 million GRIFFAIN and bought 3.05 million GRIFFAIN for $1.22 million. He at present owns 5 million GRIFFAIN ($2.22 million), with complete earnings of $3.32 million.”

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

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

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Generated picture: Midjourney