BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

“Dream Whale” Turns $110K into $8.72 Million in Just 3 Hours by Buying This Memecoin

According to information based on onchain data by the cryptocurrency analysis company Lookonchain, a crypto whale made a lucky transaction by taking a big risk.
Considering the popularity of memecoins in the Solana ecosystem, many traders try to make a profit by being the first buyer of memecoins released here, but traders often fail because a large number of these tokens fail to deliver as expected and are reset.
However, this trader seems to have gotten lucky. According to onchain data, the trader in question bought 110 thousand dollars from the memecoin named MANEKI and turned it into 8.72 million dollars in just three hours.
Related News: Cryptocurrency Middle East Report Published: Good News from Critical Country
However, the trader in question was not one of the “sniper” investors who bought the MANEKI token as soon as it was launched. Despite this, he managed to purchase 716 SOL coins ($110 thousand) and 1.02 billion MANEKI tokens 27 seconds after its launch. With this purchase, the whale wallet in question purchased 11.51% of the total supply of MANEKI tokens.
This whale wallet then distributed the 1.02 billion MANEKI tokens it purchased to 15 different wallets, which are worth $8.72 million at the time of this writing.
However, it is important to remember that memecoins do not have any intrinsic value and are very high-risk speculative assets.
*This is not investment advice.
Continue Reading: “Dream Whale” Turns $110K into $8.72 Million in Just 3 Hours by Buying This Memecoin

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News