The anonymous investor managed to earn over $100,000 in less than 30 minutes trading the memecoin Vulgar Penguin. According to Lookonchain analysts, he invested 53.8 BNB, worth approximately $46,300 at the time of the transaction, to purchase 28.2 million Vulgar Penguin tokens when they were listed on the Binance Alpha platform. The trader later sold 27.2 million tokens for $148,000, retaining one million tokens valued at approximately $7,500. The total profit was over $100,000.
Discussing this trade on X (formerly Twitter), users noted that such rapid gains look impressive, but for most traders, attempts to replicate such successes end in failure. Experts emphasize that memecoin listings are an arena where insiders and those who act fastest have an advantage. Market participants with fewer resources or slower reactions often become mere "liquidity" for more experienced and responsive traders.
Memecoins like Vulgar Penguin attract attention with their sharp price fluctuations and the potential for quick profits. However, they remain highly volatile assets, where large gains are accompanied by a high risk of losses. Even experienced traders advise caution and thorough research before purchasing such tokens to avoid repeating the negative experiences of others—for example, cases where investors lost millions in a short period of time.
For those interested in memecoins and trading strategies, Incrypted runs a dedicated Telegram channel, MEMEcrypted, where they publish up-to-date news and analysis. Subscribing to the channel allows you to follow the latest market developments and learn about potential investment opportunities.
The memecoin market continues to attract attention thanks to rare but impressive stories of quick profits. However, experts strongly recommend considering the high volatility of these tokens and remembering that successful trades are the exception rather than the rule. Understanding listing mechanisms and proper risk management remain key factors for preserving capital and achieving stable profits in this segment of the crypto market.