According to Odaily, a blockchain analyst @ai_9684xtpa has reported that Smart Money 5Ffhy has made a profit of over 33 times in just three days through trading DJT. The address purchased 11.15 million DJT on June 16 at an average price of $0.001005, spending 74.69 SOL, which is approximately worth $11,000. Subsequently, it liquidated all its holdings three hours ago at a price of $0.03468, making a profit of $370,000. This represents a return on investment of 3349%.
The rapid increase in profit demonstrates the potential volatility and high returns possible in the cryptocurrency market. However, it also underscores the risks involved, as the value of these digital assets can fluctuate wildly in a short period. Investors are advised to conduct thorough research and exercise caution when trading in cryptocurrencies.
