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  • 24 Oct 24

AI Bot Earns $130,000 in 5 Hours on Meme Tokens — Lookonchain

Lookonchain analysts discovered an AI bot’s address, which showcased incredible results in trading memecoins, earning $130,000 in just five hours.

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Lookonchain analysts discovered an AI bot’s address, which showcased incredible results in trading memecoins, earning $130,000 in just five hours. The bot completed 10 successful trades and achieved a 100% success rate.

According to Lookonchain, the bot recorded an astounding 426x return on $FUN, 23x on $YODI, and 16x on $ODEN. The total profit amounted to 780.8 $SOL, equivalent to $136.5K. During this time, the bot managed to sell almost all its assets, except for $ENIS, which has yet to be realized.

Fun bot trading history. Source: Lookonchain
Fun bot trading history. Source: Lookonchain

What is behind such phenomenal success? Successful trading in the crypto market requires not just luck but also deep analysis and strategy. AI bots using algorithmic strategies and big data can identify and take advantage of opportunities that regular traders might not see. It’s likely that this analysis helped the bot find high-profit entry and exit points.

At the same time, this AI bot’s success raises questions about the future of the crypto market and the role of AI in trading. If these technologies continue to deliver such results, what will happen to regular traders? Two scenarios come to mind:

  1. In the near future, we may see more high-precision automated solutions capable of working with meme tokens and other assets, helping traders avoid losses.
  2. The meme coin market is too volatile, and the current success is likely just luck.

It’s worth considering how fast the market is changing and what opportunities it might offer. While AI bots open up new horizons for traders, success depends not only on technology but also on the ability to interpret market conditions correctly. Or, as they say, always Do Your Own Research.

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