Blockchain monitoring agency Lookonchain says one savvy crypto dealer generated astronomical returns on a man-made intelligence (AI) associated digital asset in simply three months.
In keeping with Lookonchain, an nameless dealer pulled in large income after shopping for practically 21 million utility tokens for the AI agent mission ai16z (AI16Z).
“This dealer noticed ai16z early on October twenty fifth, 2024. He purchased 13.45 million ai16z with $70,000 and seven.45 million ai16z for $547,000. He at the moment holds 6 million ai16z ($11.04 million), with a complete revenue of $11.5 million – a 16,564% return!”
AI16Z is buying and selling for $1.37 at time of writing, down 20.4% within the final 24 hours. The Solana (SOL)-based altcoin has a market cap of $1.5 billion, making it the 84th-largest crypto mission.
The dealer can be seeing large income on two different Solana-based AI-focused initiatives.
Lookonchain says the dealer has raked in a greater than 808% achieve on his Zerebro (ZEREBRO) funding.
“This dealer aped into ZEREBRO when its market cap was $11 million, spent $295,000 to purchase 6.45 million ZEREBRO, and bought 1.4 million ZEREBRO for $697,000. He at the moment holds 5 million ZEREBRO ($1.98 million), with a complete revenue of $2.38 million.”
He is also seeing a greater than 2,648% achieve on his GRIFFAIN (GRIFFAIN) purchases.
“This dealer aped into GRIFFAIN when its market cap was lower than $8 million, spent $125,000 to purchase 8.05 million GRIFFAIN, and bought 3.05 million GRIFFAIN for $1.22 million. He at the moment holds 5 million GRIFFAIN ($2.22 million), with a complete revenue of $3.32 million.”
Zerebro is buying and selling for $0.29 at time of writing, down 17.5% within the final 24 hours. With a market cap of $299.8 million, the altcoin is the 276th-largest crypto mission.
In the meantime, GRIFFAIN is buying and selling for $0.34 at time of writing, down 15.9% within the final 24 hours. With a market cap of $342.6 million, the altcoin is the 256th-largest crypto mission.
Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox
Verify Worth Motion
Observe us on X, Fb and Telegram
Surf The Each day Hodl Combine
 
Disclaimer: Opinions expressed at The Each day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses you might incur are your accountability. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in online marketing.
Generated Picture: Midjourney
