Trader turns $12.7K ZCAT bet into $422K profit
- —Initial investment was $12,700 at a $127,000 market cap
- —Position peaked at $1.65 million at all-time high
- —Already cashed out $19,000, holds $416,800 remaining
- —Total profit of about $422,000, a 33x return
Why it matters: The case highlights extreme returns from early memecoin entries, though such trades carry a high risk of capital loss.
Source: PANews