Trader Records 16,564% in Total Profits on Solana-Based AI Altcoin in Under Three Months: On-Chain Data
Blockchain tracking firm Lookonchain says one savvy crypto trader generated astronomical returns on an artificial intelligence (AI) related digital asset in just three months.
According to Lookonchain, an anonymous trader pulled in massive profits after buying nearly 21 million utility tokens for the AI agent project ai16z ( AI16Z ).
“This trader spotted ai16z early on October 25th, 2024. He bought 13.45 million ai16z with $70,000 and 7.45 million ai16z for $547,000. He currently holds 6 million ai16z ($11.04 million), with a total profit of $11.5 million – a 16,564% return!”
AI16Z is trading for $1.37 at time of writing, down 20.4% in the last 24 hours. The Solana ( SOL )-based altcoin has a market cap of $1.5 billion, making it the 84th-largest crypto project.
The trader is also seeing massive profits on two other Solana-based AI-focused projects.
Lookonchain says the trader has raked in a more than 808% gain on his Zerebro ( ZEREBRO ) investment.
“This trader aped into ZEREBRO when its market cap was $11 million, spent $295,000 to buy 6.45 million ZEREBRO, and sold 1.4 million ZEREBRO for $697,000. He currently holds 5 million ZEREBRO ($1.98 million), with a total profit of $2.38 million.”

He also is seeing a more than 2,648% gain on his GRIFFAIN ( GRIFFAIN ) purchases.
“This trader aped into GRIFFAIN when its market cap was less than $8 million, spent $125,000 to buy 8.05 million GRIFFAIN, and sold 3.05 million GRIFFAIN for $1.22 million. He currently holds 5 million GRIFFAIN ($2.22 million), with a total profit of $3.32 million.”

Zerebro is trading for $0.29 at time of writing, down 17.5% in the last 24 hours. With a market cap of $299.8 million, the altcoin is the 276th-largest crypto project.
Meanwhile, GRIFFAIN is trading for $0.34 at time of writing, down 15.9% in the last 24 hours. With a market cap of $342.6 million, the altcoin is the 256th-largest crypto project.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X , Facebook and Telegram
Surf The Daily Hodl Mix
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
How crypto’s evolving with fundamentals
SKALE’s Jack O’Holleran said that certain metrics are becoming more important to gauging the success of a project
Rough dollar performance and Treasury market selloff close out a tumultuous week
The dollar index is down 3.7% today from Wednesday, and consumer sentiment fell to lower than expected
Solana stablecoins have been ‘stickier than anticipated’
The stickiness could be the result of bear market conditions where users are swapping out of riskier tokens to hold stablecoins on Solana apps instead, a Blockworks Research analyst said
Qubetics Delivers 536% ROI at $1—Best Cheap Crypto to Buy Now as Chainlink Drops 2.85% and Ondo Faces Market Doubts
Discover the latest updates on Qubetics, Ondo, and Chainlink. Find out why these are the best cheap crypto to buy now and hold for the long term in.Qubetics: Unlocking Real-World Interoperability$500 Now, $19,000 Later—This Isn’t a Dream, It’s a WindowOndo: Navigating the Challenges of Blockchain AdoptionChainlink: Paving the Way for Data Integrity in DeFiConclusion: Why These Projects Matter Now More Than EverFor More Information:

Trending news
MoreCrypto prices
More








