Four crypto traders have reportedly made millions through smart $SHRUB trading. The Ethereum memecoin, $SHRUB, has attracted the attention of crypto traders and investors due to its significant return on investment (ROI). In just two weeks, the coin’s market cap has skyrocketed to $230 million after experiencing a 50x surge.
The “smart traders” have quickly cashed in on their bets as the price of the coin has soared. At least four major wallets have already exited their positions, earning a total profit of $1.2 million. DexCheck AI, a crypto wallet tracking platform, has observed these strategic moves by the crypto traders in its X account.
These standout “smart traders” have earned an impressive profit of $740K from an initial investment of $920K. While they have cashed out most of their positions, they still hold 1.3 million $SHRUB tokens valued at $200K. This highlights the strategic moves and trading skills of the crypto traders, as well as their ability to take advantage of the significant rise of the $SHRUB token while still keeping some profits in play.
Another crypto trader made a small initial investment of only $486 for 11 million $SHRUB tokens. This investment would have been worth over $2.5 million at the coin’s all-time high. They sold 7.7 million tokens for $410K, securing an astonishing 140K% ROI. Even after the sale, they still hold 3 million $SHRUB tokens valued at approximately $500K.
As the $SHRUB token continues to make waves in the crypto market, the strategic actions of the crypto traders demonstrate the importance of smart selling and taking profits. This is especially crucial in the rapidly changing memecoin market and is key to success.