Trader Who Bagged Solana (SOL) Before Its 10,000% Surge Now Invests in a New Meme Coin—Is It an Insider Play?
A Bold Move: Trader Accumulates MoonTaurus (MNTR)
A trader who made headlines by capitalizing on Solana’s (SOL) dramatic rise in 2021 is back in the spotlight. This time, they’ve set their sights on a new opportunity—MoonTaurus (MNTR), a meme coin currently in its presale phase. The move has raised eyebrows, especially considering the trader’s previous success with SOL, which saw a steep climb from $1.50 in January 2021 to $259 by November, before closing the year at $170.
Solana’s 2021 Performance: A 10,000% Surge
In 2021, Solana’s journey was nothing short of remarkable. Starting at just $1.50 in January, SOL quickly gained momentum as it positioned itself as a faster, more scalable alternative to Ethereum, boasting lower transaction costs. By November, Solana reached an all-time high of $259, reflecting a more than 10,000% rally from its starting price.
MoonTaurus (MNTR) Emerges as the New Investment Target
MoonTaurus (MNTR) is generating significant interest from seasoned investors like the one who previously bet big on Solana. Currently priced at $0.01 during its second presale stage, MNTR presents an enticing proposition for investors. The coin’s presale is structured in phases, with each phase offering a higher price, setting the stage for potential gains once it launches at $0.07.
- The initial phase of MoonTaurus’ presale raised $300,000, with over 1,000 holders joining the project.
- Investors are drawn not just by the potential returns but also by the fixed supply of 3 billion tokens, a factor that could drive the token’s value up.
Potential for Significant Returns
Experts predict that MoonTaurus could see a 20x increase in value post-launch. The project’s roadmap aims for a $1 billion market capitalization and listing on top-tier exchanges, boosting the token’s value.
With 20% of the tokens reserved for liquidity, MoonTaurus is set to ensure smooth trading and price stability. The fixed supply of tokens and growing interest from investors positions MNTR as a compelling investment opportunity.The trader’s decision to accumulate MoonTaurus (MNTR) signals a strategic play, possibly an insider move, given their previous success with Solana.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.