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In a well-timed trade, a cryptocurrency investor has seen their initial bet register a 1,300-fold return in just three and a half months. The trader, operating under the pseudonym “frostx.sol,” turned a $2,900 investment into $3.78 million by trading the TROLL meme coin, according to the latest on-chain data retrieved by Finbold from Solscan on August 6. frostx.sol TROLL balance. Source: Solscan Transaction details show that the trader initially purchased 20.91 million TROLL tokens for $2,900. Since then, they have sold a small portion, 2.55 million tokens, for approximately $50,700, while continuing to hold the remaining 18.36 million, now valued at around $3.73 million. These gains coincide with a massive capital inflow into TROLL over the past week. As of press time, the token was trading at $0.16, up 7% in the past 24 hours and 305% over the past week. TROLL seven-day price chart. Source: CoinGecko Why TROLL is rallying  The meteoric rise of TRO...

A widely followed crypto analyst says that altcoins appear primed to skyrocket over the weekend. In a new strategy session, pseudonymous crypto trader Bluntz tells his 299,900 followers on the social media platform X that altcoin/Bitcoin (BTC) pairs are flashing bullish signals. “Best case here is BTC goes sideways for a week and alts pop off in turns over the weekend. Many alt/Bitcoin charts are indicating this is a likely scenario.” Bluntz goes on to name prominent layer-1 blockchains – including Ethereum (ETH), BNB Chain (BNB) and Sei (SEI) – that are positioned to take advantage of Bitcoin’s sideways action. “Should be a good weekend for layer-1s. SEI, NEAR, INJ, BNB, hell even ETH all look good in USD and more importantly BTC pairs.” According to the strategist, Near Protocol (NEAR) skyrocketing is “imminent.” “Not only has [the] NEAR/USD pair already broken out but NEAR/BTC breaking out now too. The sending...