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Trader earned nearly $2 million on the SIREN token
A trader whose wallet starts with 0x78c6 earned $2.09 million in $USDC over two months after investing $101,539 in the $SIREN token. Net profit amounted to $1.98 million — nearly 20 times the initial investment, according to the analytics platform Lookonchain.
According to analysts, on January 15 the investor purchased 1.27 million $SIREN via an options deal, paying $21,508 upfront. After the price increased, he paid an additional 80,031 $USDC and redeemed the same amount of tokens. Over the weekend, the trader sold 1.27 million $SIREN at an average price of $1.637, receiving $2.09 million in $USDC.
$SIREN is the token of the SirenAI project, launched in 2025 and combining artificial intelligence and blockchain solutions. The maximum supply is 1 billion tokens, with approximately 728 million in circulation.
As of the morning of March 23, the token is trading at $2.96. Over the past 24 hours, its price has increased by 104%, and over the month — by 1236.2%. The all-time high of $SIREN is $3.61. From its March 2025 low ($0.0263), the price has increased by more than 3500%.
The token’s market capitalization reached $2.17 billion, while daily trading volume exceeded $153.3 million — increasing 16 times since Friday. By market cap, $SIREN ranks 43rd, although at the beginning of the year it was not in the top 100.
According to analysts from the MEXC exchange, $SIREN’s growth has been one of the fastest among the top 100 crypto assets in the first quarter of 2026. During this period, the token outperformed Bitcoin in returns by approximately 320%.
“Notably, even amid market volatility, the token maintains an upward trajectory without pronounced capitulation phases. This may indicate gradual accumulation by long-term investors rather than impulsive buying driven by fear of missing out (FOMO),” the experts noted.
Earlier, analysts at VanEck stated that despite Bitcoin stabilizing around $70,000, traders remain cautious.
See also: "Bitcoin’s movement will determine the direction of Zcash price at the $220 level"
