Trader turns $2K into $3.2M in 10 hours on metaverse token
A trader transformed an initial investment of $2,137 into over $3.2 million by trading the Hyperfy (HYPER) token, achieving a return of more than 1,500 times the investment in just 10 hours. The trader sold 17.88 million HYPER for 10,286 SOL, totaling $2.21 million, while still holding 4.12 million HYPER valued at $1.03 million. Hyper was launched on Raydium as a utility token for the Hyperfy metaverse and gaming platform, reaching an all-time high of $0.26 before dropping to $0.19. The market capitalization of Hyper exceeds $198 million. Despite a broader crypto market slump, other traders have also made significant profits, including one who gained over $1.1 million from a leveraged Ether short position and another who turned $27 into $52 million through the Pepe (PEPE) memecoin rally.