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Trader turns 1 ETH to $59k in hours with new ERC-404 token
An unknown trader turned 1 Ethereum (ETH) into almost $60,000 in hours.
According to Lookonchain analysts, an unknown trader earned $59,000 from 1 ETH in 11 hours thanks to the ERC-404 MINER token.
“His secret to making money is buying and selling the ERC-404 token MINER using high gas!”
The trader first withdrew 1 ETH from the Binance cryptocurrency exchange and spent 0.065 ETH ($163) to buy MINER at a meager price using 0.802 ETH ($2010) of gas, later selling 722 MINER for 19.11 ETH using 0.5 ETH ($1244) of gas.
As a result, in 11 hours, the trader ended up with 350 MINER tokens worth about $15,000 at the time of the transaction. In total, the trader earned $59,000.
The rapid growth of ERC-404 standard tokens is not the first to enrich traders. Last week, an unknown trader earned over $166,000 in two days by spending 0.258 ETH ($613) to buy the DeFrogs token. For 100 DEFROGS, the trader paid 0.08 ETH ($190). The transaction fee was 0.178 ETH ($423). After a couple of days, during which the token’s price grew rapidly, the trader sold 60 DEFROGS for 27.8 ETH ($67,000).
However, the ERC-404 token market itself is recording a significant decline. The sector’s market capitalization has fallen 30% in the past 24 hours, following a meteoric rise last week.
The ERC404 standard combines the ERC-20 and ERC-721 standards, creating tokens that can be fungible and unique. For example, when purchasing a token of this new standard (PANDORA), the user receives a token and a unique non-fungible token (NFT). This adds additional value to the token since the NFT may be rare or of exceptional value.
#Ethereum... #BullishMarket
#Write2Earn
$ETH
An unknown trader turned 1 Ethereum (ETH) into almost $60,000 in hours.
According to Lookonchain analysts, an unknown trader earned $59,000 from 1 ETH in 11 hours thanks to the ERC-404 MINER token.
“His secret to making money is buying and selling the ERC-404 token MINER using high gas!”
The trader first withdrew 1 ETH from the Binance cryptocurrency exchange and spent 0.065 ETH ($163) to buy MINER at a meager price using 0.802 ETH ($2010) of gas, later selling 722 MINER for 19.11 ETH using 0.5 ETH ($1244) of gas.
As a result, in 11 hours, the trader ended up with 350 MINER tokens worth about $15,000 at the time of the transaction. In total, the trader earned $59,000.
The rapid growth of ERC-404 standard tokens is not the first to enrich traders. Last week, an unknown trader earned over $166,000 in two days by spending 0.258 ETH ($613) to buy the DeFrogs token. For 100 DEFROGS, the trader paid 0.08 ETH ($190). The transaction fee was 0.178 ETH ($423). After a couple of days, during which the token’s price grew rapidly, the trader sold 60 DEFROGS for 27.8 ETH ($67,000).
However, the ERC-404 token market itself is recording a significant decline. The sector’s market capitalization has fallen 30% in the past 24 hours, following a meteoric rise last week.
The ERC404 standard combines the ERC-20 and ERC-721 standards, creating tokens that can be fungible and unique. For example, when purchasing a token of this new standard (PANDORA), the user receives a token and a unique non-fungible token (NFT). This adds additional value to the token since the NFT may be rare or of exceptional value.
#Ethereum... #BullishMarket
#Write2Earn
$ETH
$JUP Minting and Accountability
Jupiter embodies a set of Ethos and Values, with $JUP serving as an incredibly valuable resource used to fuel the growth of Solana DeFi, Jupiter, and bring forth the decentralized meta.Therefore, maintaining the highest levels of accountability and transparency is crucial to us. This research post will outline everything you need to know about the $JUP token and how it is managed.$JUP Token Supply$JUP Mint: JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCNTokens Minted: 10 BillionMint Authority Burnt: TXIDFreeze Authority Burnt: TXIDToken Distribution PlanAs announced in Jupuary Kickoff 157, this is the token distribution plan:10B JUP tokens will be minted.The initial 10B will be split 50/50 into the Team Cold and Community Cold multisigs.From the Team Cold multisig, 1B tokens (10% of total supply) will be withdrawn for liquidity provision into Team Hot Multisig.250M will be used in the single-sided JUP launch pool using Meteora DLMM.The rest of the tokens will be allocated to various liquidity needs over the first 1 year.From the community multisig, 1.5B tokens (15% of total supply) will be withdrawn for the first airdrop and near term community needsIn summary, there will be 2.5B of tokens available in the first year, with 7.5B tokens available in cold storage. There will be 1.35B circulating tokens at the beginning.
Anthony Scaramucci Predicts Bitcoin to Hit at Least $170K Post Halving ( BlackRock CEO )
Skybridge Capital founder and managing partner Anthony Scaramucci sees bitcoin (BTC) soaring to at least $170,000 after the halving in April, when the number of new bitcoin entering circulation shrinks again.
“I’m using a $35,000 number at the halving and that’s conservative … Let’s say we’re at $50,000 in April, then it’s a $200,000 handle. Let’s say we’re at $60,000, it will be $240,000,” he said.
As for his long-term price target, Scaramucci predicts bitcoin could easily reach half of the market capitalization of gold, which would bring the price of one coin up to roughly $400,000.
Scaramucci previously disclosed that he was the first external investor in BlackRock’s spot bitcoin exchange-traded fund (ETF), prior to its approval on January 11.
#BTC; #BullishMarket #News #NewSignal
#Write2Earn
$BTC
Skybridge Capital founder and managing partner Anthony Scaramucci sees bitcoin (BTC) soaring to at least $170,000 after the halving in April, when the number of new bitcoin entering circulation shrinks again.
“I’m using a $35,000 number at the halving and that’s conservative … Let’s say we’re at $50,000 in April, then it’s a $200,000 handle. Let’s say we’re at $60,000, it will be $240,000,” he said.
As for his long-term price target, Scaramucci predicts bitcoin could easily reach half of the market capitalization of gold, which would bring the price of one coin up to roughly $400,000.
Scaramucci previously disclosed that he was the first external investor in BlackRock’s spot bitcoin exchange-traded fund (ETF), prior to its approval on January 11.
#BTC; #BullishMarket #News #NewSignal
#Write2Earn
$BTC
🔴COINS YOU SHOULD AVOID TRADING ON FUTURES🔴
You shouldn't trade these because they are unpredictable, anytime some whales can dump/pump it. Any daily trading will be just pure luck.
1. #Jupiter(JUP)
2. #PYTH
3. #AltLayer
4. #MANTA
This is not the best time for futures, but the best time for accumulative cryptocurrency purchases
#Write2Earn
You shouldn't trade these because they are unpredictable, anytime some whales can dump/pump it. Any daily trading will be just pure luck.
1. #Jupiter(JUP)
2. #PYTH
3. #AltLayer
4. #MANTA
This is not the best time for futures, but the best time for accumulative cryptocurrency purchases
#Write2Earn
📢 Take note:
The best price to buy JUP tokens🪐
In think, less than $0.5 is the best price to purchase JUP tokens.
Depending on how much risk you are willing to take, try to catch the token between $0.5 and $0.6 by placing your limit orders in this range.
#Jupiter(JUP) #JUPUSDT #BullishMarket
The best price to buy JUP tokens🪐
In think, less than $0.5 is the best price to purchase JUP tokens.
Depending on how much risk you are willing to take, try to catch the token between $0.5 and $0.6 by placing your limit orders in this range.
#Jupiter(JUP) #JUPUSDT #BullishMarket
🔔JUP UPDATE 🔔
Why is this happening? Why JUP dropped?📉🔥
The main reason is that collectors who won free JUP from airdrops were selling after launch all they have at any price.
Then investors with no experience who bought JUP high after launch started selling when they felt like its going all way down and no FAST Profit, plus they saw fake news.
They suffered from manipulation phase...
Very soon in some days, you will see how bullish market will get back I predict
#Write2Earn #TrendingTopic #Jupiter(JUP) #JUPUSDT
$JUP
Why is this happening? Why JUP dropped?📉🔥
The main reason is that collectors who won free JUP from airdrops were selling after launch all they have at any price.
Then investors with no experience who bought JUP high after launch started selling when they felt like its going all way down and no FAST Profit, plus they saw fake news.
They suffered from manipulation phase...
Very soon in some days, you will see how bullish market will get back I predict
#Write2Earn #TrendingTopic #Jupiter(JUP) #JUPUSDT
$JUP
XRP Whales Dump 53 Mln Tokens Amid Price Drop To $0.49🐋🔥
Analytics from Whale Alert, an on-chain data tracking platform, reveal a noteworthy sell-off of Ripple’s XRP. In the latest whale transaction, an XRP trader offloaded over 29 million XRP tokens, amplifying the impact of the ongoing decline in XRP’s value. This significant move adds to the prevailing concerns about the crypto’s market performance.
The whale dumped 29.1 million XRP, valued at $14.72 million, via an unknown wallet to Bitstamp, a crypto exchange headquartered in Luxembourg. In addition, in another transaction, 23.7 million XRP tokens worth $11.98 million were offloaded to Bitso, another crypto exchange, through an undisclosed wallet. The total worth of these transactions comes up to a whopping $26.7 million with nearly 53 million tokens dumped.
#Write2Earn #XRP
$XRP
Analytics from Whale Alert, an on-chain data tracking platform, reveal a noteworthy sell-off of Ripple’s XRP. In the latest whale transaction, an XRP trader offloaded over 29 million XRP tokens, amplifying the impact of the ongoing decline in XRP’s value. This significant move adds to the prevailing concerns about the crypto’s market performance.
The whale dumped 29.1 million XRP, valued at $14.72 million, via an unknown wallet to Bitstamp, a crypto exchange headquartered in Luxembourg. In addition, in another transaction, 23.7 million XRP tokens worth $11.98 million were offloaded to Bitso, another crypto exchange, through an undisclosed wallet. The total worth of these transactions comes up to a whopping $26.7 million with nearly 53 million tokens dumped.
#Write2Earn #XRP
$XRP
#XRPHACKED #XRP
Bad things happened recently😢
Unknown hackers hacked Chris Larsen portfolio for $112 mln, be aware of big dumps in future based on that information, who knows what could happen, but after that incident the price dropped by 5% immediately
$XRP
#Write2Earn
Bad things happened recently😢
Unknown hackers hacked Chris Larsen portfolio for $112 mln, be aware of big dumps in future based on that information, who knows what could happen, but after that incident the price dropped by 5% immediately
$XRP
#Write2Earn
Binance adds Jupiter ( JUP ) Earn, Convert, Margin & Futures🔥🔥🔥💸
New Coin has been added, extremly big profits were made on the start by big whales, over $2mln profits was made! It’s incredible how fast it went up and after a mini downtrend it will raise again to the moon.
Be ready, have pacient, accumulate more JUP coins and wait your big profit after some days. Only profit!!!
$JUP
#Write2Earn #JUP #BullishMove #BullishMarket
New Coin has been added, extremly big profits were made on the start by big whales, over $2mln profits was made! It’s incredible how fast it went up and after a mini downtrend it will raise again to the moon.
Be ready, have pacient, accumulate more JUP coins and wait your big profit after some days. Only profit!!!
$JUP
#Write2Earn #JUP #BullishMove #BullishMarket
Be ready in 30 minutes to buy new 🔥JUP🔥 crypto!🚀🚀
Bitget Announces Listing of Jupiter (JUP) in the Innovation, DeFi and Solana Ecosystem Zone
As Solana’s main liquidity infrastructure, Jupiter is the top DeFi dApp, enabling more than 80% of all retail liquidity movements. It works with most of the protocols in the Solana network without any problems.
Jupiter, one of the most sophisticated swap aggregation engines in the market, is excellent at providing the vital liquidity infrastructure required by the Solana ecosystem. Apart from its crucial function, Jupiter is constantly broadening its DeFi product portfolio, giving customers access to a complete set of tools such as Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading.
#Write2Earn #JUP
Bitget Announces Listing of Jupiter (JUP) in the Innovation, DeFi and Solana Ecosystem Zone
As Solana’s main liquidity infrastructure, Jupiter is the top DeFi dApp, enabling more than 80% of all retail liquidity movements. It works with most of the protocols in the Solana network without any problems.
Jupiter, one of the most sophisticated swap aggregation engines in the market, is excellent at providing the vital liquidity infrastructure required by the Solana ecosystem. Apart from its crucial function, Jupiter is constantly broadening its DeFi product portfolio, giving customers access to a complete set of tools such as Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading.
#Write2Earn #JUP
Ether Could Hit $4,000🚀🔥
Best time for buying #ETH is now!!
Ether (ETH), the second-largest cryptocurrency by market value, could rise nearly 70% from current levels and hit $4,000 by May as applications for spot-based exchange-traded funds (ETF) will likely win regulatory approval in the U.S., Standard Chartered Bank said in a report on Tuesday.
$ETH
#Write2Earn #BullishMarket
Best time for buying #ETH is now!!
Ether (ETH), the second-largest cryptocurrency by market value, could rise nearly 70% from current levels and hit $4,000 by May as applications for spot-based exchange-traded funds (ETF) will likely win regulatory approval in the U.S., Standard Chartered Bank said in a report on Tuesday.
$ETH
#Write2Earn #BullishMarket
🔥Market Insight🔥
Temporarly Bear market will be very shortly changed to Bull Market. Be ready for buying guys
$SOL is going up very fast📉💸
#Solana-SOL #Write2Earn
Temporarly Bear market will be very shortly changed to Bull Market. Be ready for buying guys
$SOL is going up very fast📉💸
#Solana-SOL #Write2Earn
Jupiter's JUP Token to Debut With 1.35B Circulating Supply
Jupiter, a Solana-based decentralized trading aggregator, is scheduled to launch its native token, JUP, through an airdrop on Wednesday at 10 a.m. EST.
The token will have an initial maximum circulating supply of 1.35 billion, Jupiter's pseudonymous founder Moew said Tuesday in a forum post, downwardly revising the total number of coins available for trading from the previously decided figure of 1.7 billion.
#JUP #jupitercoin #Write2Earn
Jupiter, a Solana-based decentralized trading aggregator, is scheduled to launch its native token, JUP, through an airdrop on Wednesday at 10 a.m. EST.
The token will have an initial maximum circulating supply of 1.35 billion, Jupiter's pseudonymous founder Moew said Tuesday in a forum post, downwardly revising the total number of coins available for trading from the previously decided figure of 1.7 billion.
#JUP #jupitercoin #Write2Earn
#Redpackectgift #RedPacketChallenge #RedPacketCampaign
💥Red Packet: BP8YFW67RO💥
$SOL is on fire 🔥🔥🚀
#Write2Earn
💥Red Packet: BP8YFW67RO💥
$SOL is on fire 🔥🔥🚀
#Write2Earn
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