{"id":33478,"date":"2025-01-06T09:00:19","date_gmt":"2025-01-06T09:00:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=33478"},"modified":"2025-01-06T09:00:19","modified_gmt":"2025-01-06T09:00:19","slug":"crypto-trader-nets-17-million-from-ai-coins-heres-what-hes-buying-now","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=33478","title":{"rendered":"Crypto Trader Nets $17 Million From AI Coins: Here\u2019s What He\u2019s Buying Now"},"content":{"rendered":"

A crypto trader with a keen eye for artificial intelligence (AI) projects has reportedly amassed profits of more than $17 million from several AI-focused tokens, and on-chain data now points to a pivot toward fresh memecoins. According to an analysis<\/a> shared by Lookonchain on X, the trader\u2019s largest gains stem from early positions taken in GOAT, ai16z, Fartcoin, and ARC.<\/p>\n

Crypto Trader Turns AI Coins Into $17 Million<\/h2>\n

Lookonchain reports via X, \u201cWhat a smart AI coin trader! Profits exceeded $5.14M on GOAT. Profits exceeded $4.5M on ai16z. Profits exceeded $4M on Fartcoin. Profits exceeded $4M on arc. Let\u2019s take a look at which tokens he is buying.\u201d<\/p>\n

The trader\u2019s most significant win reportedly came from GOAT<\/a>. He entered the token at a time when its overall market cap was below $2 million dollars, spending around $62,000 to purchase approximately 11.1 million GOAT tokens. After riding GOAT\u2019s rapid ascent, he sold all GOAT with a total of about $5.2 million, netting an estimated $5.14 million.<\/p>\n

His performance with ai16z<\/a> \u2013 a decentralized AI-powered trading fund on the Solana blockchain \u2013 is similarly impressive, as he spent one $123,000 to acquire 6.17 million tokens at a market cap of $22 million. Lookonchain\u2019s data indicates that he sold 4.67 million ai16z tokens at around $1.78 each and still retains 2.65 million tokens currently valued near $2.9 million. According to Lookonchain, this amounts to a total ai16z profit of more than $4.5 million.<\/p>\n

The analysis also highlights significant gains from Fartcoin<\/a>, which the trader bought at a market cap of under $7 million, paying $121,000 for around 9.46 million tokens. He sold 6.81 million of those tokens for $610,000 while keeping 2.65 million tokens that are collectively valued at $3.55 million, bringing his net profit on Fartcoin to roughly $4 million.<\/p>\n

A similar pattern emerged in his ARC position, where he invested $212,000 to acquire 11.6 million ARC tokens when the project\u2019s market cap was approximately $15 million. After selling 1.6 million tokens for $212,000, he currently holds 10 million arc tokens worth about $4 million, resulting in another $4 million profit.<\/p>\n

Lookonchain\u2019s post also details the trader\u2019s recent moves into several smaller-cap memecoins, including CREATE, PIPPIN, SANDY, MOLE, and FORGE. A screenshot provided by Lookonchain shows that he financed part of these purchases by selling Fartcoin in two batches of 25,000 units for $31,446.35 and $29,681.37, respectively.<\/p>\n

Additional funding appears to have come from selling Wrapped SOL (WSOL) in multiple transactions, including 100 units for $21,611, 50 units for $10,805.50, and 153 units for $33,069.42.<\/p>\n

The distribution of these WSOL sales suggests a methodical approach to securing liquidity before deploying funds into CREATE, PIPPIN, SANDY, MOLE, and FORGE. In total, he allocated $202,255 to acquire stakes in the memecoins. He spent $61,127 on CREATE, $21,611 on PIPPIN, $21,611 on SANDY, $65,486 on MOLE, and $32,420 on FORGE.<\/p>\n

At press time, GOAT traded at $0.52.<\/p>","protected":false},"excerpt":{"rendered":"

A crypto trader with a keen eye for artificial intelligence (AI) projects has reportedly amassed profits of more than $17 million from several AI-focused tokens, and on-chain data now points to a pivot toward fresh memecoins. According to an analysis shared by Lookonchain on X, the trader\u2019s largest gains stem from early positions taken in […]<\/p>\n","protected":false},"author":0,"featured_media":33479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33478"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33478"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/33479"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}