In just one hour, crypto traders turned $6,300 into $1.5 million. The appeal of cryptocurrencies often lies in their potential for high returns, despite the obvious risks.
As interest from institutional investors grows, experienced investors rarely turn small savings into amounts that can radically change their lives.
On November 25, in one such deal, a user managed to gain about $1.5 million in profit in just one hour, with initial investments amounting to only $6,300.
To purchase, 25 Solana (SOL) were required, which he exchanged for 297 million meme coins FRIC (FRIC), issued by South Korean artist dricstudio (data from Lookonchain).
Interestingly, the 297 million FRIC accounted for approximately 29.7% of the total circulating supply. Subsequently, the crypto trader executed more than fifty transactions, exchanging 258 million FRIC for 4,693 Solana, which at that time equaled $1.18 million.
Taking into account the funds spent by the user to acquire Solana, the lucky trader made a profit of about $1.17 million. Additionally, he also holds approximately 39.08 million FRIC.