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Trader earns $8.3 million in 15 minutes with newly launched memecoin
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The world of cryptocurrencies is full of interesting stories of people making huge profits from little-known digital assets. One of these stories went viral on X, when a trader shared a memecoin operation that made him richer.
The negotiation involved one of the meme cryptocurrencies of the moment, $PENGU. With the listing of memecoin on Binance, the trade can more than double your investment in a few minutes.
The trader shared the case on his profile on X. Called Nakasintos (“inside the new”, in Portuguese), the trader published a message saying that he had made an incredible operation. He purchased 239.5 million $PENGU memecoin tokens worth $5.3 million. Minutes later, he sold the assets for the price of US$13.5 million.
In its publication, the trader also made a point of thanking the creator of the NFTs project, Luca Netz, the mind behind the stylish penguins was largely responsible for one of the biggest airdrops in the market’s history.
High profit with memecoin
The Pudgy Penguins was born in July 2021 as an NFT project. However, the initiative quickly became a successful project. With more than 377 thousand followers on X alone, the project often says that it has the most influential crypto community of all. Due to this fan engagement, what was a project featuring NFT images of penguins wearing different clothes, turned into a own ecosystem.
Given this success, the creator of the series created the PENGU tokenbacked by the penguins NFT. On December 6th, the project announced the launch of PENGU tokenstirring up a portion of the crypto community, mainly due to the tokenomics – token distribution plan.
This is because of the total of 88,888,888,888 billion tokens, around 23 billion would go to the project’s NFT holders. The team fulfilled its promise with the launch of the token last Tuesday (17). On the same day, cryptocurrency exchanges Binance, ByBiut and OKX listed the project.
It was precisely during the launch and listing of memecoin that the trade achieved its million-dollar profit. He knew how to take advantage of the hypeas a moment of high search for something new is called – which included names like Anatoly Yakovenko, founder of Solana – to earn millions of dollars.
Trader earns $8.3 million in 15 minutes with newly launched memecoin
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Trader earns $8.3 million in 15 minutes with newly launched memecoin
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Trader earns $8.3 million in 15 minutes with newly launched memecoin
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Trader earns $8.3 million in 15 minutes with newly launched memecoin
