Million Dollar Altcoin Investor Lost $133 Thousand in One Day

The investor, who earned millions of dollars from the altcoin market, lost thousands of dollars in a short time.

Tokens inspired by celebrities have brought some investors thousands of dollars in a short time. An investor made almost half a million dollars in a few hours by investing in the Jenner token.

According to Lookonchain's post, an investor invested 2,620 Solana worth in BOME, one of the largest memecoins in the Solana ecosystem. He later sold them to 21 thousand 159 Solanas and earned 3.7 million dollars in just 5 days.

However, the same investor later bought Jenner tokens by spending 1,208 Solana and sold them for 423 Solana. According to Lookonchain data, the investor lost 785 Solana ($133 thousand 400) in just 1 day.