😱🔥🚀Meme coin craze: $350 investment increased to $2 million
The $ 350 investment of the investor who bought a newly launched meme coin became $ 1.9 million in a short time. It is believed that this person is personally one of the project team or that he is trading with insider information (insider trading).
The bullish period in the cryptocurrency market allows investors who are sometimes lucky and sometimes know how to take a position at the right time to make million-dollar profits with small investments.
The last example of this was the person who won $ 1.9 million thanks to the meme coin he bought for 0.1 #ETH , that is, for $ 350.
Due to the anonymous nature of the blockchain world, this investor, whose identity is unknown, made 9 million 368 thousand purchases from mfercoin (#MFER ), a meme coin located on the Base network on March 29. For this, he paid 0.1 ETH worth $ 350. A few hours later, he sold most of it, making a profit of 499 ETH worth $ 1.77 million. The investor continues to keep 1 million MFER, worth 200 thousand dollars, in his wallet.
blockchain records of the first transactions made by the investor who bought a $ 350 meme coin and sold it for $ 1.9 million
'Insider trading' allegations
Such successful transactions are often seen recently. It is suggested that the person or people behind these transactions are from the project team or that they are making transactions with insider information.
High risk in meme coins
The token, which opened trading at $0.00021 on Uniswap on Friday, went up to about $ 0.32 yesterday. This corresponds to an increase of 150 thousand percent. The fact that the MFER fell by 50 percent from its peak level once again showed how risky meme coins are.
