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Home»Regulation»This trading bot has a 100% win rate on meme coins
Regulation

This trading bot has a 100% win rate on meme coins

NBTCBy NBTC26/10/2024No Comments2 Mins Read
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Ever since meme coins experienced a period of domination in the cryptocurrency market during spring, 2024 has been seen as the year of these volatile, joke-based assets.

This quirk of the year has been exemplified time and time again by the success of many human traders, but artificial intelligence (AI)-powered trading bots have also enjoyed significant success.

Terminal_of_fun is the most recent of these automated investors to have been identified as a major meme coin winner, per the data published by the analytics platform Lookonchain.

What this 100% win rate crypto bot is trading

In fact, terminal_of_fun is a trading bot that has traded as many as ten meme coins in less than 24 hours and boasts a 100% win rate.

So far, the most notable recorded movements involve $FUN – which was traded for a 426x return – $YODi – 23x – and $ODEN – 16x return.

The AI-powered trading bot also engaged with numerous other cryptocurrencies, including $bini, $NIGGAI, $NANA, $BOBA, $DATBOI, $BANJO, and $ENIS. In total, the trades netted 780.8 Solana (SOL) – $129,500 – in profit for terminal_of_fun.

The automated trader is, judging by its X feed, far from over and is continuously looking for new crypto market plays.,

This non-human crypto millionaire made $1 million in just 3 days

Despite its recent success and apparently philosophical inclinations, terminal_of_fun is not the first AI-powered cryptocurrency trading bot noted for its success.

On October 19, Finbold reported that another automated system, Truth Terminal, became one of the first non-human crypto millionaires thanks to its involvement with the $GOAT meme coin.

Indeed, out of the trading bot’s $1.5 million net worth reported at the time, more than $850,000 was held in the $GOAT-dedicated wallet, and the remaining $521,000 was spread between 27 different tokens.

Per the latest data available on October 21, Truth Terminal has only become richer as it holds $2,540,780.39 across 188 different tokens, and its $GOAT balance has also grown to about $850,000.

The trading bot also holds a relatively modest $7,355.26 in SOL.

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