Known for his “diamond hands,” theunipcs.eth (@theunipcs) has once again shown his faith in the crypto market by holding onto high-risk tokens despite volatile shifts.
A major investor in $DOGE and $MAGA, he made headlines with significant gains in both tokens, though recent fluctuations have impacted his unrealized profits.
In a bold move, theunipcs.eth bought $DOGE when its market cap was just $2.7 million, investing 235 ETH (roughly $584,000) to acquire 33.35 million DOGE tokens, which are now valued at around $4.7 million. This position has earned him an impressive unrealized profit of $4.12 million.
He also took a high-stakes position in $MAGA at a market cap of $3 million, spending 18.45 ETH (or $57,000) to purchase 6.27 billion $MAGA tokens. This investment surged in value, reaching a peak worth of $4.4 million and securing an unrealized profit of $4.33 million. However, he chose not to sell, and the recent decline in politically themed tokens following the U.S. election has seen his $MAGA profits drop by $3.94 million.
In a positive turn, the $MAGA project secured additional support as its market maker, DWF Labs, advanced the project by securing a place in the DWF Ventures incubation program. Projects within this program often achieve valuations in the billions, giving the $MAGA project a promising future.
Despite recent losses, theunipcs.eth remains committed, demonstrating resilience as $MAGA positions itself for potential growth through this key strategic backing.
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!
With the recent surge in the crypto market, the Cardano price is soaring anew. Despite…
In the fast-paced world of cryptocurrency trading, navigating the complexities of futures contracts can be…
With the increasing global adoption of cryptocurrencies and the imminent new era for the crypto…
Bitcoin (BTC) has set the market on fire after its resounding rally has surprised all…
The Kaspa coin has been impressive lately, jumping 41% in the past week. This recent…
4 Cryptos Under $10 to Buy: BlockDAG, Celestia, TRON, and Stacks As 2024 rolls on,…