A trader bought a digital coin called ZynCoin with $7,000 and turned it into $700,000. He doesn't want to sell all of it because he thinks the price will go even higher. The coin is becoming popular and many people are buying and selling it. Read from source...

1. The headline is misleading and sensationalist. It implies that the trader turned $7,000 into $700,000 with ZynCoin alone, while the article does not provide any evidence of his initial investment or the timeline of his gains.
2. The trader's rationale for holding onto his ZynCoin is based on a vague and subjective notion of "going viral" and "cultural phenomenon". He does not offer any clear criteria or metrics to measure the success or adoption of ZynCoin as a digital currency or asset.
3. The trader cites MoonCat's bullishness on ZynCoin, but does not explain how MoonCat is an authoritative or credible source in the cryptocurrency market. He also fails to disclose any potential conflict of interest or financial relationship with MoonCat or other parties involved in promoting ZynCoin.
4. The trader ignores the fact that ZynCoin is a meme coin, meaning it has no intrinsic value or fundamental basis beyond its social media popularity and community support. He treats it as if it were a serious contender for global adoption and digital payments, which is highly unlikely given the volatility, competition, and regulatory challenges in the cryptocurrency space.
5. The trader overlooks the possibility of manipulation or pump-and-dump schemes involving ZynCoin, as it has been observed in other meme coins like Dogecoin and Shiba Inu. He does not address the risk of losing his gains due to market fluctuations, hacking, or legal issues arising from unregulated digital securities.
6. The trader's use of slang terms like "billy" and "meme that" shows a lack of professionalism and credibility in presenting his case for ZynCoin. He seems to be more interested in attracting attention and generating hype than providing factual or logical arguments for investing in ZynCoin.

Positive

Summary:
The article tells the story of a trader who turned $7,000 into $700,000 with ZynCoin and refused to sell it all. He sees ZynCoin as a cultural phenomenon and not just a meme coin. The price of ZynCoin has surged 52% in the past 24 hours, pushing its market capitalization beyond $100 million. The trader believes that this signals smart money entering the token rather than FOMO.