CandleFocus Cryptocurrency trader turns $17k into $1.2 million in 8 minutes
2025-01-05
Author: Content Editor
A cryptocurrency trader made a high-risk investment in the Hive AI (BUZZ) token and saw a 75-fold growth in their initial bet due to the token's popularity. The trade was executed on the decentralized exchange Raydium on the Solana blockchain. The trader acquired a large portion of the token's liquidity pool shortly after its launch and sold all the tokens within eight minutes, generating a net profit of $1.25 million. Some details of the trade raised concerns about possible insider information. BUZZ aims to make decentralized finance more accessible through AI agents. However, it has faced criticism for potentially being a scam. The trader's success exemplifies the trend of early investors in new cryptocurrencies earning significant profits.
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