Node AI, a decentralized platform leveraging Blockchain technology to facilitate access to GPU and AI resources, has witnessed an extraordinary surge in the value of its native token, $GPU, over the past month.
The token has experienced remarkable growth, skyrocketing by over 1500% in the last 30 days alone.
Within the past week, $GPU has surged by an astounding 534%, and today’s spike of 32% propelled it to reach an all-time high of $1.393.
In just 21 days, this trader made ~$1.39M with only 0.7 $ETH($1,848), a gain of 755x!
He spent 0.7 $ETH($1,848) to buy 4.26M $GPU on Feb 14, when $GPU had been online for more than 2 months.
Then sold 3.37M $GPU for 102 $ETH($336K), with 891K $GPU ($1.06M) left.… pic.twitter.com/kUMLpPR0iu
— Lookonchain (@lookonchain) March 6, 2024
In a striking display of the token’s profitability, a trader reportedly amassed $1.39M in just 21 days with a modest investment of only 0.7 $ETH, equivalent to $1,848. This remarkable feat translates to a staggering gain of 755x on $GPU.
More GPU Trader Accumulation And Profit, With Price Reaction To Monitor
The trader initiated the investment by allocating 0.7 $ETH on Feb 14, a period when $GPU had been circulating in the market for over two months. This initial investment secured 4.26M $GPU tokens.
Subsequently, the trader strategically sold 3.37M $GPU for 102 $ETH, amounting to $336K. This transaction left the trader with 891K $GPU tokens, valued at an impressive $1.06M.
The 24-hour trading volume of $GPU has surged by 151%, reflecting the heightened interest and activity surrounding the token. With a market capitalization of $110M, $GPU continues to capture the attention of investors and traders in the cryptocurrency space.
The meteoric rise of Node AI’s $GPU token underscores the potential for significant gains in the decentralized finance sector.
As traders capitalize on market opportunities, stories like the trader’s exemplary success serve as a testament to the lucrative prospects within the cryptocurrency market.
With $GPU’s remarkable ascent, Node AI solidifies its position as a pioneering platform driving innovation in decentralized resource access.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Image Source: angrysun/123RF // Image Effects by Colorcinch
