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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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NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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