The world of digital currencies is not without risks or even profits. The news of a trader investing $140 to become $450,000 has spread. This is what we will talk about today in the latest news about digital currencies. In the details of a trader investing $140 to become $450,000, a buyer of the new meme coin “Pochita” on the Solana network was able to convert $140 to $450,000 in less than 24 hours, and he still holds most of the coins. This coin appeared and quickly rose after the famous coin owner associated with the “Punk” coin on Solana adopted the new coin that resembles a furry dog named “Pochita” on Wednesday. This person has inspired a number of crypto enthusiasts to create a large group of dog-themed coins, and Pochita has emerged as a winner in this context. Details of the investment traded $140 to $450,000 An anonymous investor, using a wallet starting with “AjwF,” exchanged 1 Solana ($140 at the time) of this coin just one minute after its launch on the Pump.fun platform. He was the 19th person to buy more than 0.05 $SOL
($7) of this “Bushita” coin, which constituted a relatively large bet on the emerging coin. The investor continued to buy and sell coins, including more “Bushita,” but held on to this coin for reasons that were unclear amid the initial chaos. After about 24 hours, the “Bushita” that was held had risen to a market cap of $22 million, while the coins that were being dumped failed to rise. As a result, exchanging 1 Solana of this coin is now worth more than $450,000, according to data from DEX Screener, after “AjwF” sold just $450 in the hours after the initial purchase. This makes the trader the largest holder of Pushita with 2.18% of the total supply. Trader invests $140 to $450,000 Commenting on Trader invests $140 to $450,000, blockchain data analytics firm Babel Maps reported that there were no clear on-chain links between early buyers, and that most had already sold their coins amid the rally. This is often seen as a sign that the coin is not under insider control, though the firm cautioned that it cannot be 100% certain at this point. However, having 2.18% of the supply means that the big winner of Pushita could have a significant impact on the price if he decides to sell his coins.It is important to note that AjwF will not receive the full market value of his coins if he decides to sell all at once. As he holds a large portion of the total coins, there will be a significant price slippage. This may explain why the investor has started dividing his funds into different wallets. Now, with the funds stored in five separate wallets, the trader is carefully distributing his funds while waiting for the perfect opportunity to sell.
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