🪙 Crypto News (May 28, 2024):

1️⃣ Lookonchain: An unknown trader earned over $2.7 million by investing in the memecoin MAGA. In just three days, he increased his deposit by 505%. On May 24 and 25, 2024, he purchased 6 billion #MAGA for $537,000. By May 27, he sold 1.5 billion tokens for about $744,000. He still holds 4.5 billion MAGA, which are currently valued at $2.11 million. 💰

2️⃣ Taiko: The Taiko project, a Layer 2 solution for #Ethereum scaling, has launched its mainnet. This milestone follows a two-year development period. The final sixth testnet, named Katla (Alpha-6), was launched by the team in January. 🛠️

3️⃣ Lookonchain: An anonymous investor made over $1.24 million in three and a half years by investing in the memecoin Shiba Inu (SHIB). On February 1, 2021, he spent 2 ETH ($2625 at that time) to buy 49.08 billion #SHIB on the decentralized exchange Uniswap. On May 27, 2024, he sold the assets for 278.7 ETH ($1.23 million). This means he increased his deposit by 419 times. 🐕

4️⃣ Ledger: #Ledger has announced the start of shipments for its new hardware crypto wallet, Stax. The device will be available for purchase on the official website once all pre-orders have been fulfilled. 🔒

5️⃣ Bloomberg: At least two of the largest Russian metal producers, not under sanctions, have begun using the stablecoin #USDT and other cryptocurrencies for international transactions. 🌐

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