Tremendous Profits from SZN Trading
As the crypto market seeks recovery, a savvy trader has made significant gains despite a downtrend. Utilizing his trading acumen, he took a chance on SZN, a freshly launched meme coin on the TRON network, which exhibited high volatility resulting in him amassing a fortune.
> A trader turned $809 into $510K in less than 15 hours by trading $szn on #Tron, achieving a 630x return!
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> He invested 3,600 TRX ($809) to buy 46.4 million $szn, later selling 12.5 million $szn for 400,890 TRX ($94K), while retaining 33.9 million TRX ($416K).
> — Lookonchain (@lookonchain) March 19, 2025
$809 into $510,000 in 15 Hours
Reported by Lookonchain, this investor turned a modest $809 into a whopping $510,000 through trading the new meme coin SZN. This profit, exceeding $509,191, occurred in just 15 hours despite the overall bearish trend in crypto markets. His initial buy was 46.4 million SZN tokens, sold for a massive profit.
A Practical Approach to Investing
The crypto domain is filled with sudden successes, especially attributed to meme coins. This skilled trader turned a small investment into a significant gain within mere hours, capitalizing on the volatility of a newly launched token.
While the trader remains anonymous, his strategy wasn’t based on insider knowledge. Instead, he relied on keen observation to identify tokens with growth potential. By diversifying across various tokens, he mitigated risks while enhancing prospects for substantial returns.
He employed a dual strategy that involves trading on CEXs and DEXs. Initially purchasing tokens on a DEX—where early and lower-priced listings occur—he waited for substantial market hype before selling on a CEX. This method proved effective with SZN as he capitalized on its CEX listing, reaping impressive rewards in just 15 hours.
This trade underscores the benefits of strategic investing, thorough market research, diversification, and leveraging opportunities on both CEXs and DEXs.
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