Traders complete large-scale $MAGA liquidation with a return of up to 678.90%

Recently, a trader successfully closed a position in $MAGA, achieving an astonishing 678.90% return. This case once again proves the profit potential of low market cap tokens.

According to data tracking, $MAGA started attracting attention with an initial market cap of 305.43K, and has surged ever since. Currently, the token's market cap has skyrocketed to 1.58M, a more than 5-fold increase. From the initial entry to its current performance, early bottom-fishers indeed gained substantial profits.

Such high-multiple trading cases are not uncommon in the crypto market, but they also remind us that low market cap tokens carry significant risks. Timing the entry, risk management, and timely take-profit are all essential.