Crypto trader BonkGuy recounts his meme coin trading journey, starting with $16,000 in 2023 and leveraging 6x on BONK to build a position exceeding $20 million. He then turned $6,000 in WIF into roughly $1.4 million, and scored multiple million-dollar gains from Fartcoin, POPCAT, and PNUT. However, most of those profits were wiped out during the '10/10' crash.
Crypto trader BonkGuy has laid out his meme-coin trading past in blunt terms, showing a wild run up and then a brutal wipeout. Back in 2023, he started with $16,000 in principal and used 6x leverage to trade BONK. That trade later ballooned to more than $20 million.
After that, he flipped a $6,000 WIF position into about $1.4 million, and he kept hitting million-dollar wins on other meme coins, including Fartcoin, POPCAT, and PNUT. But BonkGuy said most of those profits were later erased in the '10/10' crash, leaving him with nothing.
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