This Crypto Trader Turns IDR 18 Billion Loss Into IDR 40 Billion Profit
In the volatile world of crypto, a trader managed to turn a loss of Rp18 billion into a profit of more than Rp40 billion through an investment in the PIPPIN token.
The story, as quoted from Beincrypto media, is proof that patience and the right strategy can yield extraordinary results.
The Beginning: A Major Investment in PIPPIN Token
Two months ago, this trader invested 5,441 Solana (SOL) tokens, worth around US$1.15 million, to purchase 20.46 million PIPPIN tokens.
However, shortly after the purchase, the price of PIPPIN plummeted by up to 90%, causing an unrealized loss of US$1 million or around Rp18 billion.
Patience Leads to Fortune
Instead of selling the asset at a loss, the trader chose to hold. This decision proved to be correct when PIPPIN’s price soared and its market capitalization reached US$180 million.
The value of the trader’s holdings increased to approximately US$3.68 million, resulting in an unrealized gain of US$2.5 million or more than Rp40 billion.
PIPPIN: A Meme Coin with Spectacular Growth
PIPPIN, a meme coin on the Solana network, has experienced extraordinary growth over the past two weeks, with its price rising by more than 2,400%.
According to a report from HTX, the meme coin sector is expected to play a major role in 2025, along with integration into the DeFi and GameFi ecosystems.
Lessons from This Story
This trader’s story teaches that in the high-risk world of crypto, patience and strong belief in investments can produce outstanding results.
However, it is important to remember that every investment carries risks, and decisions should be made based on careful analysis.