- A trader turned a $135 investment into $124,000 in two weeks, thanks to TERMINUS’ 10,000% surge.
- Speculation that Elon Musk could name his Mars colony “Terminus” contributed to the token’s rapid rise.
- Musk’s influence continues to boost meme coins, with TERMINUS joining Dogecoin in capitalizing on his association.
A crypto trader has achieved a remarkable 920-fold return by capitalizing on the sudden surge of the meme cryptocurrency, First City in Mars (TERMINUS). On-chain data analyzed by Lookonchain revealed that the trader transformed a $135 investment into $124,000 within two weeks. TERMINUS, paired with Ethereum (ETH) on Uniswap, experienced an astronomical rise in value following speculative social media posts.
Speculation Links Elon Musk to TERMINUS
TERMINUS’ sudden surge began after DogeDesigner, a prominent crypto influencer, suggested that Elon Musk might name his first Mars colony “Terminus.” This speculation led to a massive 10,000% spike in the token’s value in a single day. The trader, who initially bought 3.4 million TERMINUS tokens on September 8, saw their investment soar as the token’s price climbed to $0.03589, ultimately resulting in a $124,300 gain.
Musk’s Influence Continues to Impact Meme Coins
While Musk has not directly endorsed TERMINUS, the association with his future Mars city plans appears to have sparked renewed interest in the token. Musk’s influence on meme coins is well-known, with Dogecoin (DOGE) famously skyrocketing in value following his support. TERMINUS’ ongoing growth, with 24-hour gains of about 17,000% as of press time, further highlights the impact of such speculative associations.
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