Lookonchain analysts drew attention to a trader who managed to make good money on the growth of the sci-hub ($SCIHUB) cryptocurrency. His investment of just over a hundred dollars brought in a profit that exceeded $700,000
The Lookonchain team talked about exactly how a successful trader acted in their X (former Twitter).
According to analysts, a member of the crypto community has bet on the sci-hub (SCIHUB) cryptocurrency. Its name is a reference to the shadow library site of the same name. The platform provides free access to millions of scientific articles, bypassing the paid barriers of publishers. The site allows you to circumvent copyright laws. Therefore, the very existence of the project causes ethical disputes.
As of the time of writing the review, there is no information about the cryptocurrency of the same name on the sci-hub website. Therefore, we cannot claim that SCIHUB has anything to do with the project. However, it is possible that the data will appear later. The fact is that the SCIHUB coin, according to geckoterminal, is only one day old. At the same time, the number of token owners has already exceeded 13,000, and the liquidity of the coin has exceeded $ 1.43 million.
According to solscan, an unknown trader invested $108 in Solana ($SOL
) in SCIHUB. Against the background of the explosive growth of the cryptocurrency exchange rate, the value of the 12.77 million sci-hub tokens he bought reached $ 718,000. Thus, the return on investment was 6,648 x.
At the moment, the cryptocurrency was trading at $0.0713. After setting the maximum, the coin went into correction. As of the time of writing the review, the cryptocurrency is trading at $0.0429.
The participants of the crypto community are confident that an insider is behind the transactions. Some believe that the operations were carried out by one of the developers of the project, as other coins are associated with it.
Earlier, the editorial board of BeInCrypto published the instructions of a popular analyst who told subscribers exactly how he manages to find coins with great growth prospects.