Express News | BonkGuy reveals trading history: Turned $16,000 into over $20 million, only to lose it all during the "10/10" market move
September 1 news: Crypto trader BonkGuy reviewed his past meme coin trading experiences, stating that in 2023 he used $16,000 in principal to trade BONK with 6x leverage, eventually growing his position to over $20 million. He subsequently increased a $6,000 WIF position to approximately $1.4 million and achieved multiple million-dollar gains through meme coins such as Fartcoin, POPCAT, and PNUT. However, BonkGuy noted that most of the profits from these trades were ultimately wiped out during the "10/10" market downturn.
Crypto Rally Spills Into Dog and Cat Memecoins as Smaller Tokens Double in a Week
Robinhood Chain-based Cash Cat jumped more than 50% in a day, while several smaller animal-themed tokens have gained between 50% and 130% over the past week.
He, who earned $40 million through Trump Coin, has once again become the center of attention.
Do not dwell on whether this is a once-in-a-lifetime opportunity. Simply do what is right, and let the future take care of itself.