An investor in Keeta (KTA) has turned an initial investment of $171,000 into a staggering $9.3 million in under three months, showcasing a remarkable 54x return on investment.
The investor purchased 6.02 million KTA tokens at $0.23 each and has not sold any, despite the significant unrealized gains, with the token's price jumping 11% to $1.62 and trading volume spiking to $34.7 million.
Keeta benefits from Coinbase's Layer-2 network Base, driving momentum and visibility for associated tokens like KTA.
There is speculation around whether the investor will continue to hold onto the tokens or choose to cash out after the substantial gains, as Keeta's success story adds to Base's appeal in the DeFi and Web3 ecosystems.