A smart money bought 413 million 1CAT coins at the opening, leaving a floating profit of US$210,000 on the remaining 86.4 million coins.
According to the on-chain analyst @ai_9684xtpa, as reported by Jinse Finance, 1CAT had a 10-fold increase in price at the opening. A smart investor, using the trading pair 1CAT/ETH, bought in at the opening and has already made a profit of $200,000. Using Banana Gun, the investor spent 603.13 ETH to buy 413 million 1CAT tokens (worth $1.33 million) at an average cost of $0.003216 per token. Within 40 minutes, the investor sold a total of 317 million tokens, receiving 597.35 ETH and still holding 86.4 million tokens with a profit of $210,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DWF Labs: Participated in a 150 MhW electricity tokenization transaction
Investor Who Predicted Solana’s 17,100% Run in 2021 Spots New Coin That Could Repeat It in the Next 100 Days
iDEGEN presale hits $16m, token price soars 900% in seven days