Legendary Crypto Trader Turns $2,275 into $2.26 Million in 8 Hours; Here’s How
The post Legendary Crypto Trader Turns $2,275 into $2.26 Million in 8 Hours; Here’s How appeared first on Coinpedia Fintech News
If you needed proof of how powerful the crypto markets can be, here it is!
A legendary crypto trader known as “sundayfunday.sol” has managed to turn a mere $2,275 investment into a staggering $2.26 million windfall in just 8 hours!
However, this remarkable feat, tracked by Lookonchain, a leading blockchain analytics platform, has ignited the interest of the entire crypto community, prompting questions about the investor’s strategy and spurring insider trading allegations.
All About the Super Trade
Sundayfunday.sol, widely regarded as a legend in the crypto space, initially gained prominence as the largest pre-sale participant of the cryptocurrency project BOME. Meanwhile, investing $72,000 in the pre-sale, sundayfunday.sol received 1.43B BOME tokens which are almost worth $40 Million.
Soon, traders decided to capitalize on the rising value of BOME tokens. The trader then sold out 530 billion BOME tokens, for 38,305 SOL (worth approximately 7.66M). Despite cashing out some of the holdings, sundayfunday.sol remains the dominant holder in the BOME ecosystem, currently holding a substantial 894 billion BOME tokens, valued at $10.5 million.
sundayfunday.sol turned 13 $SOL($2,275) to $2.26M in just 8 hours by buying #1DOL, a gain of 993x!sundayfunday.sol is a legend!He is the largest pre-sale participant of $BOME, spending 421 $SOL($72K) to participate in the pre-sale and received 1.43B $BOME($40M at peak).Then… pic.twitter.com/4zYtCcP5Yi— Lookonchain (@lookonchain) May 19, 2024
A Story of Wins!
Merely 8 hours prior, sundayfunday.sol made a bold move, investing 13 SOL tokens, equivalent to $2,275, to acquire a staggering 242 million 1DOL tokens. What ensued was nothing short of extraordinary. Witnessing an exponential surge, the value of this investment skyrocketed to an astonishing $2.26 million, marking an unprecedented gain of 993 times its initial value.
Understanding the Allegations
However, sundayfunday.sol’s remarkable success has not been immune to controversy. Allegations of insider trading and money laundering have begun to circulate within crypto circles, proliferating across social media platforms.
Concerns have been raised regarding the liquidity of the trading pool, amid fears that cashing out such substantial profits could exert undue pressure on the price of 1DOL.
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Crypto trader “sundayfunday.sol” turned $2,275 into $2.26 million in 8 hours by investing in a new memecoin 1DOL.
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