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Legendary Crypto Trader Turns $2,275 into $2.26 Million in Just 8 Hours, Here’s How

14d ago
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The post Legendary Crypto Trader Turns $2,275 into $2.26 Million in Just 8 Hours, Here’s How appeared first on Coinpedia Fintech News

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, according to data from Lookonchain, a top blockchain analytics platform. 

However, this remarkable feat has captured the attention of the crypto community, prompting questions about the investor’s strategy and spurring insider trading allegations.

Mastering Pre-sale Participation

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. 

Later traders decided to capitalize on the rising value of BOME tokens. Then trader 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.

Turning $2275 Into $2.26 Million

Just 8 hours ago, sundayfunday.sol invested 13 SOL tokens, equivalent to $2,275, to purchase 242 million 1DOL tokens. What followed was nothing short of spectacular. Within the span of a few hours, the value of this investment skyrocketed to an astonishing $2.26 million, marking an extraordinary gain of 993x. 

This rapid and substantial return has captivated the crypto community, eliciting widespread admiration for sundayfunday.sol’s astute ability to seize lucrative opportunities in the ever-evolving crypto market.

Allegations of Insider Trading

The trader’s extraordinary success has sparked allegations of insider trading and money laundering among crypto enthusiasts on social media platforms. Some have raised concerns about the trading pool’s low liquidity, which could pose challenges if the trader attempts to cash out his profits without affecting 1DOL’s price.

Perhaps this success story serves as a testament to the potential of cryptocurrency investments and the fortunes that can be made in the ever-evolving digital asset landscape. 

14d ago
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