0.1ETH becomes 840,000 USD. How can smart money get rich overnight through Base?

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The wallet started with $100, and the highest profit it achieved was 912,803%.

On March 25 this year, mopzy.eth received 0.026ETH, worth $93.35, from a now-defunct wallet, starting this wallet's journey to a hundredfold increase in the Base ecosystem.

Eight hundred thousand dollars in eight months, how did mopzy.eth seize the opportunity?

Looking back to the end of March this year, it was the peak of the phased high tide in the market sentiment after the approval of the Bitcoin ETF, but also the beginning of the real rise of the Base ecosystem.

The mopzy.eth address did not participate in the DEGEN transactions born in the Farcaster craze. On March 28, mopzy.eth purchased $105 worth of HIGHER.

Higher was a popular Chanel on Farcaster, which was launched on March 10, and with the MEME coin craze of Farcaster, the market cap of HIGHER once exceeded $100 million at the end of March.

However, mopzy.eth repeatedly bought and sold in a short period of time and did not make any money on HIGHER.

On March 29, mopzy.eth bought $142 worth of Sendit.

The next day, his first money-making opportunity arrived - the MEME coin mfer issued by the founder of mfers NFT.

mfer reached a market cap of $300 million on the night of its deployment, and mopzy.eth exchanged all his Sendit for 3,804 mfer, making a profit of $655 in the end.

Until mid-June, mopzy.eth was trading among MEME coins such as HIGHER, DEGEN, doginme, and mfer in the Base ecosystem, not frequently and all in small amounts, keeping the total amount of the wallet at around $1,000. He also made a few hundred dollars from Purp and NOUNS.

On June 14, mopzy.eth once bought 0.1ETH of terminal at the opening, and thanks to this transaction, his wallet had $50,000 in a few days.

After selling the terminal, mopzy.eth did not have any particularly outstanding operations for the next few months, just occasionally buying HIGHER.

On September 13, mopzy.eth also bought MEME coins like Moodeng or EDOGE on the mainnet, and also tried many new MEME assets on the Base chain, but none of them brought too much income to the wallet.

On October 22, mopzy.eth bought 8 pieces of LUNA and a piece of VIRTUAL, and in the following days mopzy.eth immersed himself in the world of chasing Virtual's internal market. On October 29, his wallet reached another high point of $78,000.

The turning point happened on Farcaster.

On November 9, mopzy.eth bought 0.1 ETH worth of CLANKER, less than two hours after its opening.

Related reading: Explaining Clanker: The "Blockbuster MEME Generator" on Base

In the following hours, mopzy.eth continued to buy CLANKER, and also bought the token LUM jointly issued by the Clanker and Higher Agents.

Three hours later, mopzy.eth sold 2,500 CLANKER.

By November 10, 0.1 ETH could only buy 139 CLANKER, and at this time mopzy.eth's wallet had a total of 4,485.5 CLANKER.

On November 14, mopzy.eth also bought 0.1 ETH of ANON, which ultimately brought him a return of over 25 ETH.

Related reading: Explaining Base Ecosystem ANON: A New Value Narrative or a Conspiracy Group's New Layout?

In the following two days, mopzy.eth also successively bought 3 ETH of CLANKER, totaling 1,196 pieces, and at this time mopzy.eth's wallet had a total of 5,681.53 CLANKER.

On November 22, the price of CLANKER soared to $35, and mopzy.eth sold 250 CLANKER. Until November 27, CLANKER rose to $40, $60, $70 and even $100, and mopzy.eth sold a total of 1,682 CLANKER during this period.

The total amount of mopzy.eth's wallet also reached a new high of $849,000 on November 28 when the price of CLANKER broke through $140.

Who is the owner of the mopzy.eth address?

It can be seen that the owner of the mopzy.eth address is a player who is deeply involved in the Base ecosystem, discovering and entering many projects in the first time, and getting early low-cost chips is the fundamental reason for his "getting rich".

Searching for mopzy.eth on Warpcast, the result is wijuwiju.eth, an early contributor to the interface.

Remember the wallet that initially sent 0.1 ETH to mopzy.eth? It had once received a transfer from wijuwiju.eth.

And mopzy.eth had also directly received 0.1 ETH from wijuwiju.eth.

A small side note is that wijuwiju.eth once stated that he had bought a large amount of tokens at the terminal opening, but had never sold them, and now chose to donate 5,000,000 tokens back to the team.

Remember the second time the value of the mopzy.eth wallet skyrocketed? It was because he got a large amount of low-priced terminal chips, and the mopzy.eth wallet address was only four minutes later than wijuwiju.eth.

Looking at the operations of the mopzy.eth wallet over the past ten months, it can be seen that he did not have any extraordinary operations, and the most he did was actively try and participate in new things in the ecosystem, not knowing which one would hit the jackpot.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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