In a remarkable turn of events, the meme cryptocurrency $FIGHT has skyrocketed by 7500% over the past two days, offering substantial gains for early investors.

Those who bought in within the first two hours are seeing significant returns as interest in the token surges.

According to on-chain data, 10 Smart Money wallets and 56 Smart DEX Traders have engaged in trading $FIGHT. Among them, two notable wallets stand out:

• Early Holder of $FIGHT: Wallet 0x87827 made a single purchase of 5 million $FIGHT at a cost of $755. This investor has not yet sold any of their holdings and currently has an unrealized profit and loss (PnL) of $131,200.

• First Buyer of $FIGHT: Wallet 0x5a10c acquired 15.71 million $FIGHT at a cost of $106. Despite making some small sell orders, this wallet transferred 10 million $FIGHT to a storage wallet, 0xe2bd. The current unrealized PnL for this holder stands at $318,200.

Some Smart Trader Makes Massive Profits From Trading $FIGHT

Additionally, a Smart Money trader, known as Rat Trading (wallet 0xE29…D3976), opened a low-point position in $FIGHT, achieving a floating profit of 1328 times their initial investment. This address bought 15.61 million tokens at an average price of $0.000006862 immediately after $FIGHT launched on the Ethereum mainnet. Having sold 43% of their tokens for a profit of 5.4 ETH, the remaining holdings still boast a floating profit of $118,000.

The rapid rise of $FIGHT underscores the volatile yet potentially lucrative nature of meme cryptocurrencies. As the token continues to attract attention, early adopters are reaping substantial rewards. Whether this trend will sustain remains to be seen, but for now, $FIGHT is making headlines in the crypto world.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: peshkov/123RF // Image Effects by Colorcinch