Will Elon's DOGE Pay You a Dividend?

Musk's DOGE is saving billions--rumors swirl of a $5,000 "DOGE dividend." But his new AI tech could be even bigger... potentially putting $30K in your pocket this year and beyond. Tech legend Jeff Brown calls this the next Nvidia. Act before March 17th--your second chance is here!

This Trader Turned $2,708 Into $3.25 Million With Trump-Related MAGA Memecoin

Ivan Crnogatić
February 28, 2024

Pseudonymous Erik Stevens, a self-proclaimed "eccentric multi-millionaire," updated his followers on achieving a "1,024X" on MAGA Memecoin (CRYPTO: TRUMP), the Trump-inspired cryptocurrency

What Happened: "After 6 months and 15 days, I've achieved a 1,024X on $TRUMP," announced the trader on his X (formerly Twitter) account. 

He said this announcement holds great significance, as it is his first-ever 1,000X trading success. Stevens stressed that he achieved this feat on a publicly disclosed wallet, all while announcing his trades. 

Indeed, the trader shared his purchase on his account on Aug.16, 2023:

Stevens initial purchase can be found on Etherscan, when he swapped 1.5 Ether (CRYPTO: ETH), worth $2,708 at the time, for 522,409 TRUMP. 

Thanks to minimal profit-taking, Stevens still holds 509,176 TRUMP, worth $3.25 million at the time of writing. That puts him into the top 20 holders of Trump, with 1.08% of the token's total supply.

Stevens did not seem inclined to sell anytime soon, saying MAGA Memecoin is "going to billions and billions" thanks to the token burning $784,000 in the last 40 days amid increasing interest.

Donald Trump himself does not endorse the MAGA Memecoin, although his wallet holds over $3 million worth of TRUMP, which he passively receives as part of the token's marketing strategy.

Read Next: Dogecoin, Shiba Inu, Floki Surge, Pushing Meme Coin Market Cap To $26.5B: 'FOMO Toward Assets Like These Are Caution Flags,' Santiment Warns

Why It Matters: This astounding rags-to-riches story mirrors recent similar trades:

  • A trader making $582,000 with Dogwifhat (CRYPTO: WIF)
  • A trader profiting $10,800 from $51 with an Nvidia memecoin.
  • Another trader striking gold, making $1.8 million with WIF.

Still, these stories come at the backdrop of less inspiring ones, such as this trader losing $250,000 on leverage trades.

That has led some to call crypto assets "grotesquely overvalued," while others call the advent of memecoin trading "financial nihilism."

What's NextAndred Kang, a crypto venture capitalist, has called the MAGA Memecoin the "first memecoin that can rival Dogecoin (CRYPTO: DOGE) or Shiba Inu (CRYPTO: SHIB).

It remains to be seen if it can reach the lofty market capitalization of Dogecoin

Read NextIs Jim Cramer Getting Bullish On Crypto? Why He Says Ethereum Can 'Only Go Up' From Here

Image created with Midjourney

Popular

In his own words: Trump takes credit for stock market rises but casts aside blame for sell-off

WASHINGTON (AP) — President in recent days has dismissed and brushed aside the stock market sell-off, going so far as to say, “You can’t really watch the stock market." That's a new message from a leader who has frequently pointed to the market's ups and downs as a reflection of himself and his activities, even when he was not in power.

China learned from Trump's first trade war and changed its tactics when tariffs came again

WASHINGTON (AP) — The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to on their countries, but China’s president appears unlikely to make a similar call soon.

Warning: "The 2025 Tech Meltdown" - Ad

One of the biggest stock market events in 25 years is rapidly unfolding...The chaos is set to begin on May 21st. This is why the world's financial elite are panic-selling stocks at the fastest rate in a decade. So, will you be ready for what's coming?

One Tech Tip: Getting a lot of unwanted phone calls? Here are ways to stop them

LONDON (AP) — Unwanted phone calls are out of control. Whether it's a robocall trying to sell you something or spam calls from scammers trying to rip you off, it's enough to make you want to stop answering your phone. So what can you do to stop them?

Canada to name a new leader while dealing with Trump trade war

TORONTO (AP) — looks set to pick a measured former central banker to deal with the threats tariffs pose against a pillar of Western free trade.

AI + Smart Glass = A Nasdaq Sleeper - Ad

This recent Nasdaq IPO is quietly making waves, thanks to its 95% market share in a $240M aerospace niche. With patented technology that integrates AI into smart glass, this company is poised for massive growth as the market races toward $124 billion by 2029.

Why 21 Billionaires Are Moving Their Money ASAP - Ad

Nvidia is driving us head-on into the largest stock market collapse in history. On May 21, a special announcement will send a stock's reputation downward. This is why 21 legendary billionaires, including Warren Buffett, Tim Cook, and Jeff Bezos, are preparing ASAP.

Anti-DOGE protests at Tesla stores target Elon Musk's bottom line

BOSTON (AP) — Demonstrators gathered outside Tesla stores across the U.S. Saturday to protest the automaker's billionaire CEO, , and his push to slash government spending on behalf of President .

Who is Mark Carney, the next prime minister of Canada?

TORONTO (AP) — Former central banker Mark Carney will become Canada’s next prime minister after a Liberal Party leadership vote in a landslide.

Exposed: 3 Cent Crypto to Explode March 24th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on March 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Sam Bankman-Fried Says Prison Inmate Diddy Has Been 'Kind' To Him: 'It's A Position No One Wants To Be In'

Jailed cryptocurrency fraudster Sam Bankman-Fried shared his prison experience and interaction with fellow inmate rapper Sean Combs, popularly known as "Diddy," according to an interview released Thursday.

Japan's Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO

Japan’s Seven & i, the parent company of the Japanese 7-Eleven convenience store chain, said Thursday it is selling its supermarket store assets to Bain Capital for about $5.4 billion.

This Bear Market Blueprint Could Save Your Retirement - Ad

The crisis we warned about is here--sky-high interest rates, spiraling debt, and AI-driven job losses are reshaping the economy. Waiting for "normal" is a mistake. The rules of wealth have changed. Get my Bear Market Blueprint--a 4-step plan to protect & grow your money. Normally $297--FREE to our subscribers!

North Carolina Republicans seek to force top Democrats to fall in line with Trump agenda

RALEIGH, N.C. (AP) — North Carolina Republicans who are resolved to promote President Donald Trump’s agenda now seek to compel the recently elected Democratic governor to aid the president's immigration crackdown and stop the new Democratic attorney general from fighting Trump in court.

Buffett, Bezos, and Congress Are Betting Big on This One Sector - Ad

This corner of the market is NOT artificial intelligence... Crypto... or any other familiar sector or strategy. Instead...It's a sector that the U.S. Gov't spends 6-TIMES more on, than our own ENTIRE military defense budget. Don't let recent market uncertainty keep you in the dark on this massive opportunity.

Oregon police investigate nighttime gunshots that shattered windows at a Tesla dealership

PORTLAND, Ore. (AP) — Police in Oregon said Thursday they are working with the FBI to investigate gunshots fired at a Tesla dealership overnight in the latest instance of vandalism at one of the company's retail stores.

The Gold Shift No One's Talking About - Yet - Ad

Massive gold shipments are quietly moving from London to the U.S.--no headlines, no explanations. Could a full-scale audit or a new gold-backed system be coming? Smart money isn't waiting. My gold strategy is already doubling physical gold's returns this year.

Mortgage lender Rocket Cos. to acquire real estate brokerage Redfin in deal valued at $1.75 billion

Mortgage lender Rocket Cos. has agreed to acquire online real estate brokerage Redfin in an all-stock deal valued at $1.75 billion.

Fed's Stealthy Move (Not Rates) Could Crash U.S. Market - Ad

$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates. According to Dan Ferris, you should consider moving money to a unique "escape" investment right away.

Tesla tumbles again as investors bail on Elon Musk's suddenly struggling electric vehicle company

Shares of Tesla are sliding again Monday as confidence in Elon Musk's electric car company continues to disintegrate following a post-election “Trump bump.”

Breaking: Elon and Doge's Big AI Announcement - Ad

The AI market is down--but not for long. Elon Musk's DOGE could be about to unveil a game-changing AI that could replace wasteful bureaucrats & save billions. When the news drops, we believe the market will react fast--6 stocks could skyrocket. Don't miss out on this massive opportunity!

Trump administration throws hundreds of affordable housing projects into limbo after contract cuts

The Trump administration has stalled at least $60 million in funding intended largely for affordable housing developments nationwide, throwing hundreds of projects into a precarious limbo, according to information and documents obtained by The Associated Press

Stocks to Crash on March 16, 2026? Here's Compelling Reason Why - Ad

Perhaps no one on or off Wall Street has been more accurate calling the bull and bear turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024. And now, Marc Chaikin is predicting the next crash will start March 14, 2026. If you have money in the markets, Chaikin's thesis is a must-see.

New Meme Coin Cocoro Launched By Dogecoin's IP Rights Holder

Own the DOGE, the group behind the original Doge meme's intellectual property, has unveiled a new meme coin named Cocoro (COCORO), launched on Base, the Ethereum layer-2 network developed by Coinbase.

Nvidia Is About to Shock the World: March 17th - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: March 17th! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Facing competition from Big Tech, states dangle incentives and loosen laws to attract power plants

HARRISBURG, Pa. (AP) — Facing projections of spiking energy demand, U.S. states are pressing for ways to build new power plants faster as policymakers increasingly worry about protecting their residents and economies from rising electric bills, power outages and other consequences of falling behind Big Tech in a race for electricity.

Warren Buffett's Unconventional Career Advice: 'Don't Save Your Passion For Later, It's Like Saving Up Sex For Your Old Age'

In a speech at the University of Georgia, billionaire Warren Buffett once gave a piece of unconventional career advice. He compared the strategy of building a perfect resume to "saving up sex for your old age."

This Is How the AI Bull Market Ends - Ad

They say this AI bull market can't go on for much longer...The truth is -- they're half right. The AI bull market as we know it right now will end...But it will then quickly evolve into a new type of market where a new type of AI stock will dominate. You want to be positioning yourself for this new AI bull market...

Trump's Crypto Reserve Plan Sparks Controversy, Schiff Questions XRP Inclusion, Polymarket CEO Invited To White House: This Week In Crypto

The crypto world was shaken as Trump's announcement of a U.S. cryptocurrency reserve sparked backlash from tech allies, criticism from economist Peter Schiff, and calls for a Congressional investigation into potential insider trading and market manipulation.

Warning: China Launches AI Attack on America - Ad

China just launched what can only be described as an AI attack on America. And according to Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... President Trump is already planning a counter attack. And it's creating an incredible opportunity for you in this small group of AI stocks.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service