List of Flash News about memecoin trading
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14:26 |
Memecoin Trader Achieves $1M Profit in 7 Days with 71.59% Win Rate: Trading Strategy Breakdown
According to Lookonchain, a trader profiled by @gmgnai generated over $1 million in profit from memecoin trading over the past 7 days. The trader executed 88 trades with a win rate of 71.59% and maintained an average holding time of less than 1 hour per token, indicating a high-frequency, short-term trading strategy. @gmgnai labeled this individual a 'paper hands trader,' reflecting their rapid buying and selling approach. These metrics suggest that short-term, high-turnover strategies can yield substantial profits in volatile memecoin markets, provided traders maintain strict risk controls and high win rates (Source: Lookonchain on Twitter, April 25, 2025). |