🚀 How a Trader Turned $10,000 into $3 Million in Under an Hour 🚀

On July 1st, a trader made headlines by purchasing nearly 82 million BAKED tokens for 70 SOL (worth approx. $10,000) and selling them just 30 minutes later for 21,581 SOL, netting over $3 million. This incredible feat highlights the volatile and lucrative nature of crypto markets.

What is crypto sniping? It's a strategy where traders aim to buy tokens as soon as they hit the market, often using bots for speed. In this case, the trader was not an insider but took advantage of quick trading actions. However, the launch of BAKED wasn't without controversy, as significant insider activity saw 78% of tokens snatched up almost instantly, raising questions about fairness.

Investing in cryptocurrencies carries risks, and outcomes like these are rare and speculative. Always do thorough research and consider the risks before investing.