Twitter KOL initiates a coin trading challenge, publicly recording the transaction process from 2ETH to 20ETH.
DeFi researcher Louis Cooper has launched a coin trading challenge on Twitter, publicly revealing a wallet address created on April 1st, aiming to turn the initial investment of 2 ETH, approximately $3,600, into 20 ETH.
Note: This article is not investment advice. Even though the wallet address is public, Louis Cooper can still profit from subsequent buy-ins by followers and may sell before them.
Table of Contents
Initial Positions
Lodestar Finance LODE: 0.5 ETH
3xcalibur XCAL: 0.55 ETH
TridentDAO PSI: 0.83 ETH
Valued at approximately $3,600.
Day 1 – 2 to 20 ETH challenge
Starting positions:
・ 723 $LODE @ $1.24 (0.5 ETH – $900)
・ 5017 $XCAL @ $0.20 (0.55 ETH – $1,000)
・ 606 $PSI @ $2.46 (0.83 ETH – $1,500)Portfolio value: $3,600
Explanationhttps://t.co/bycIAiCXSt
— Louis Cooper (💙,🧡) 🍄 (@LouisCooper_) April 2, 2023
Day Two: $4,645
TridentDAO PSI: $1,785, up 19%
Lodestar Finance LODE: $1,338, up 48%
3xcalibur XCAL: $1,260, up 26%
ArbiGoat AGT: $214, up 42%
The overall portfolio value reached $4,645 on the second day, approximately 29% unrealized gain or $1,045 profit.
Converted to ETH value: 2.59 ETH, approximately 0.59 ETH profit.
Day Four: $5,400
Lodestar Finance LODE: $2,665, up 67%
Stader SD: $1,306, up 18%
Pendle Finance PENDLE: $1,108, up 33%
3xcalibur XCAL: $235, up 10%
- ETH: $100
Louis Cooper indicated that the tokens need to have at least $750,000 to $1 million in cross-chain liquidity. The main changes in holdings include:
Sold all PSI
Sold 4/5 of XCAL to buy SD and PENDLE
Bought more LODE
Day Five: $5,220
Stader SD: $3,850, up 31%
Pendle Finance PENDLE: $1,300, up 31%
3xcalibur XCAL: $235, up 10%
- ETH/Stablecoin: $70
The portfolio value on the fifth day reached $5,220, approximately 45% unrealized gain or $1,620 profit.
Converted to ETH value: 2.79 ETH, approximately 39% unrealized gain or 0.59 ETH profit.
Louis Cooper exchanged all LODE for SD, believing that Kucoin's listing and Shanghai upgrade are potential positives.