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A crypto investor trading meme tokens in the TON ecosystem has made a huge profit despite the detention controversy of Telegram CEO Pavel Durov. This smart investor made a 12x profit by selling his REDO token within the TON network. After the TON Blockchain logo was rebranded as the REDO token logo, the token price increased by approximately 200%.
The investor made a profit of 107,275 SOL, or approximately $606,000, by selling 881,000 REDO tokens. This transaction shows that the investor made a 12x profit on his initial investment in REDO. It is also considered one of the most profitable trades in the TON ecosystem.
The latest surge occurred when TON Blockchain adopted the Resistance Dog logo. This move was made in support of Telegram CEO Pavel Durov’s arrest in France. The token price rose to $0.94 today, and many investors took advantage of the opportunity. However, some community members turned to other tokens as Telegram came under scrutiny.
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The investor’s success was not limited to REDO. He also made significant gains on other meme coins in the TON ecosystem. In particular, he made 5,207 TON, or $29,400, from his transactions with Ton Inu (TINU), and made a 35x profit on the TINU meme crypto sale.
In addition, he made 3,118 TON, or $17,600, from his transactions with Paper Plane (PLANE), and made a 62x profit. In total, the investor made 11 meme coin transactions and achieved a 54.5% success rate. According to blockchain analytics firm Lookonchain, the total profit he made from these transactions was 115,387 TON, or approximately $652,000.
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