From $10 to $100 million.
Recommended reading: 2025 Foresight News Year-End Series Compilation
Written by: Nicky, Foresight News
From an emotional perspective, 2025 was not a friendly year for retail cryptocurrency investors. So, when reviewing the rotating sectors and popular narratives of the year, we indulged in a fantasy: if I were a "10u War God" with meager start-up capital, and like the protagonist in a movie, I caught every hot trend, could my net worth rival that of Wang Duoyu in "Hello Mr. Billionaire" after a year?
Trump issued cryptocurrency in January, resulting in a 350-fold profit.
On the morning of January 18th, a message in the social media chat was like a pebble dropped into water: "Trump has launched a cryptocurrency!" Sleepiness vanished instantly. My intuition told me this was no ordinary event. After confirming it with my own eyes on Truth Social, the word "official" echoed in my mind. A market capitalization of $200 million? For a potential "presidential meme," that was as light as a feather. 24 hours later, when Binance's listing announcement ignited the entire market, the price briefly broke through the $70 mark and the $70 billion market capitalization threshold.
I bought $10 worth of Trump at $0.20 and sold it at $70, turning my $10 into $3,500.
At the end of January, I held a total of $3,500 in assets.
In February, my "test coin" received Binance's endorsement, and I made 80 times my initial investment.
On February 6th, a token called TST came into view. Initially, it was just a screenshot of a test token that accidentally appeared in a demo video on four.meme, briefly reaching a market capitalization of $5 million before nearly dropping to zero. The turning point came that evening—Binance founder CZ mentioned TST on social media, clarifying that it was not an official issuance, but included a purchase link. This ambiguous statement triggered a frenzy of FOMO in the market. Subsequently, Binance launched Alpha, futures, and spot trading at an astonishing speed, pushing TST's market capitalization from its lowest point to over $500 million.
I bought $3,500 worth of TST on February 6th when its market capitalization was approximately $5 million (about $0.004 per share). After Binance's series of actions pushed the price to its peak, I sold it on the afternoon of the 9th at around $0.44, making a profit of about 110 times, nearly $400,000.
The "confrontation" between the influencer and the founder led me to earn 30 times my initial investment.
On the 8th of the same month, Dave Portnoy, a popular American investor known as the "President of Retail Investors," bought a Meme coin called jailstool and publicly boasted about it, claiming he found the token interesting and promising not to sell it in the short term. The price immediately surged. However, dramatically, the token's anonymous creator didn't buy it, selling off a huge portion of his holdings a few hours later and cashing out. Faced with the founder's "betrayal," Dave Portnoy not only didn't back down but instead bought more tokens worth $200,000, pushing the farce to its climax.
After this public confrontation garnered widespread attention, I bought $31,000 worth of shares when the market capitalization was $6 million. At the peak of the controversy, when the market capitalization approached $200 million, I sold them, realizing a profit of approximately 30 times, or nearly a million dollars.
Capitalizing on the hype surrounding the new public blockchain launch, they secured $2 million.
In mid-February, the token IP of the new public blockchain Story Protocol was listed on several exchanges. The project, which uses intellectual property agreements as its narrative, gained support from the South Korean community. After a period of consolidation following its listing, the price began an upward trend.
Around February 17th, I bought $500,000 worth of IP when its market capitalization was approximately $1.8 billion (about $1.79 per token). Subsequently, the token price continued to rise, and about a week later, when the price rose to around $7, I began to sell in batches, making a profit of approximately $2 million.
The "Ancient Ground Promotion Project" mainnet is launched, generating millions of dollars in profits.
Pi Network, which attracted millions of users worldwide through mobile "mining" in 2019, launched its mainnet token PI on the Bitget contract trading market on February 20th. This project, with a large user base but years of delays, finally gained a monetization channel, sparking significant market divergence and trading activity. After initial sharp price fluctuations, a short-term trend emerged.
After the PI contract was launched and experienced a two-day pullback, I long at $0.83 using 2x leverage. As market sentiment improved, I closed the position on February 26 when the price rose to $2.78, making a leveraged profit of approximately $1.17 million.
February has come to a close, and his assets have quietly surpassed $4.5 million.
In March, we analyzed MGX's investment in Binance and its purchase of Mubarak.
Different amounts of capital lead to different perspectives and battlefields. In March, I shifted from "fishing" to "watching the tides." The news that Binance received a $2 billion investment from the UAE sovereign wealth fund was a macro trend, while CZ's meme post about "going to meet Arab friends" was a micro ripple. I followed the ripples to find Mubarak, took a small position, and made some small gains.
On March 12th, Binance officially announced that it had received a $2 billion strategic investment from Abu Dhabi-based technology investment company MGX, marking the largest single institutional investment in the history of the cryptocurrency sector. On the 15th, CZ himself posted a cryptic message on Binance Square: "Going to see a friend this weekend," accompanied by a cartoon image with the word "mubarak." "Mubarak" means "blessing" in Arabic, which I believe is related to this Middle Eastern investment.
After CZ posted the update, I immediately looked for and bought $50,000 worth of Mubarak shares, which were worth $38.5 million. As the market reacted, I sold them on the 18th when the market value rose to approximately $190 million, making a total of $250,000.
By replicating successful business models and betting on new infrastructure, they made a profit of $3 million.
Having personally witnessed the "myth" of TST, I began to pay attention to tokens with similar models. On March 15th, another "test" concept token called TUT experienced abnormal price fluctuations. At the same time, I shifted my focus more towards researching projects with stronger fundamentals. After Solayer, a restaking protocol in the Solana ecosystem, announced the listing of its token LAYER, I assessed its prospects and initial performance and established a corresponding position.
I bought $5,000 worth of TUT when its market capitalization was around $2.3 million. The token later experienced significant volatility, and I sold it in two separate transactions at $48.8 million and $100 million, making a total profit of $150,000. For LAYER, I established a position of $1.23 million when its market capitalization was around $1.1 billion (at a price of $1.1 per unit), and held it until the end of April when I sold it at $3, making a profit of over $3 million.
By the end of March, his assets had exceeded $5 million.
Earning tens of millions of dollars by chasing early narratives in April.
In April, market trends blossomed like spring flowers. While I made quick moves in memes like Fartcoin and TROLL to stay on top of the market, I also set my sights on deeper, untapped markets.
The decentralized derivatives trading sector is fiercely competitive, with Hyperliquid standing out, its token HYPE showing a strong rebound after a period of adjustment. After in-depth research, I believe on-chain perpetual contract trading is one of the core narratives of this bull market, and Hyperliquid, as a native protocol with a first-mover advantage in this sector, has led me to focus my portfolio on it.
Around April 17th, I began building a large position of approximately $5 million in HYPE at an average price of about $17 (corresponding to an FDV of $17 billion). This position was held until around July 10th, and was eventually sold off in batches at a price of around $42.
By the end of April, the company held assets worth $5.5 million.
I earned a million dollars in May by capturing the synergy between ecosystems and cultural outreach.
In May, the market entered a period of sector rotation. I reduced my large-scale operations and instead made some small-scale, high-reward attempts. These included: participating in LAUNCHCOIN, stimulated by the new asset issuance plan of the Believe ecosystem; the on-chain Meme coin LABUBU, triggered by the global popularity of the offline trendy toy Labubu; and B, a Meme token on the BNB Chain that uses USD1 as liquidity.
I bought Launchcoin when its market capitalization was around $3.5 million and sold it near $300 million, making a profit of approximately 85 times, nearly one million dollars. I bought Labubu when its market capitalization was around $6 million and sold it near $56 million, making a profit of approximately $90,000. I bought B when its market capitalization was around $22 million and sold it at $395 million, making a profit of approximately one million dollars.
At the end of May, I held a total of $6.5 million in assets.
I made 2 million by trading top memes in the Solana ecosystem in June.
In June, the market for Meme tokens within the Solana ecosystem became active again. BONK ended its consolidation and began a new round of increases. Meanwhile, another Meme token within the ecosystem, USELESS, also showed strong upward momentum. Furthermore, a community challenge about Layer 2 architecture initiated by Solana co-founder Toly unexpectedly boosted the popularity of the related concept token GOR.
I bought $800,000 worth of BONK when its market capitalization was around $1.5 billion ($0.000015 per share) and sold it when its market capitalization rose to $3.5 billion, making a profit of approximately $1.06 million. I established a position of $50,000 in USELESS when its market capitalization was around $36 million and held it until July 9th when I sold it at a market capitalization of $300 million, making a profit of $400,000. During GOR's event-driven surge in market capitalization from $6.8 million to nearly $45 million, I made a short-term trade, profiting approximately $70,000.
By the end of June, I held assets exceeding $8.5 million.
In July, taking Trump's dinner as a reference, I bought a large amount of M shares and made a profit of 13 million.
On July 3, MemeCore's token M was listed on Bitget. This is a Meme chain. Considering that the top three holders of Trump's dinner Trump had addresses containing MemeCore, I started to build a position of about $300,000 at around $0.055 ($550 million FDV) and held it until around September 17, when I sold it all at a price of $2.5, making a profit of over $13 million.
By the end of July, my assets had exceeded ten million US dollars.
In August, using low leverage to invest in core assets, a profit of $30 million was made.
In August, the bullish consensus strengthened. I began allocating some funds to amplify the beta returns of core assets like ETH and BNB. At the same time, I revisited Meme coin TROLL, which I had previously traded, and it once again demonstrated strength in the new market cycle.
In early August, I went long on long ETH and BNB with a leverage of $20 million each. The price of ETH was $3,600 and the price of BNB was $770. On the 22nd, I closed my ETH position at $4,770, leaving me with nearly $30 million. I continue to hold long position in BNB.
Regarding TROLL, I bought 100,000 units when its market capitalization was around $66 million and sold them when the market capitalization rose to $270 million, making a profit of about $400,000.
After closing out my long positions in Ethereum, my cash reserves exceeded $30 million, but I felt increasingly calm.
By the end of August, my assets had reached nearly fifty million US dollars.
The on-chain contract sector experienced a full-scale explosion in September.
In September, the on-chain contract trading sector experienced a collective surge. Multiple projects, such as Avantis (AVNT), Aster (ASTER), and MYX, saw their prices rise rapidly.
On the 6th, MYX experienced unusual activity, so I immediately doubled my position to long of shares around $1.30, and closed the position on the 10th at a price of about $16, leaving me with approximately $6.4 million.
On the 10th, a position of $200,000 was established in AVNT (FDV approximately $360 million) at a price of $0.36, and it was sold on the 21st at a price of $2.3, resulting in a profit of approximately $1.3 million.
On the 19th, a position of $2 million was established in ASTER (FDV approximately $7 billion) at a price of $0.88, and sold on the 24th at a price of approximately $2.3, resulting in a profit of approximately $5.2 million.
Meanwhile, the $300,000 position in M established in July was sold on the 17th at about $2.50, resulting in a profit of nearly $14 million.
As of the end of September, the company held $86 million in cash.
Assets surpassed $100 million in the fourth quarter, marking a successful end to the year.
In October, I participated in ZEC's privacy narrative revival, as well as the X402 market trend represented by PING. I also caught small hot spots driven by events, such as Binance Life and GIGGLE. At the same time, I seized the opportunity to long on COAI, the "god-like" stock of the month. All of these helped my funds successfully break through the hundred million US dollars.
On November 1, ZEC surged, and I immediately bought $2 million worth of shares around $117. I held them until November 7 and sold them at $625, making a profit of $6.68 million.
On the 2nd, I bought $50,000 worth of GIGGLE at $43 and sold it on the 25th at $225, making a profit of $250,000.
On the 6th, COAI experienced unusual price fluctuations. I doubled my position to long$100,000 worth of COAI around $0.50 and closed the position on the 16th at $19, making a profit of over $3.8 million. Early that same morning, after CZ responded to Binance Life's comment, I bought $30,000 worth of Binance Life at a market capitalization of around $6 million and sold it on the 8th at a market capitalization of $350 million, making a total profit of over $1.7 million.
On the 24th, I bought $5,000 worth of the X402 asset PING at a market value of around $5 million, and sold it on the 25th at a market value of approximately $70 million, making a profit of about $70,000.
Meanwhile, the BNB position I long at $770 in August was closed around October 7 at $1280, making a profit of over $30 million, which helped me successfully cross the threshold of hundreds of millions of dollars.
In November, I entered a $1 million position in Monad (MON) during the value discovery period following the completion of TGE, and sold it off for double the amount the following day. At the same time, I also cashed out my ZEC position at a high price.
As of the end of November, I held approximately $130 million in cash.
As December arrived, faced with the emergence of new Meme coins such as DOYR and Franklin, I became less inclined to invest. The change in the size of my capital completely altered my risk appetite and trading strategy.
When Dreams Awaken
This fictional "10u God of War" starts with $10 in 2025 and by the end of the year has amassed a fortune of hundreds of millions of dollars. He cannot actually exist, but every event he "experiences," every key moment, and every market-driving trend is a real trace that occurred in the Web3 world of 2025.
We weave these fragments into a narrative not to create a myth, but to present how information is transmitted, emotions ferment, capital flows, and a highly rational participant might think and respond in such a market. This fictional mirror may allow us to learn from history and reflect some real patterns and lessons.
In 2026, the market will continue to tell new stories.
