A cryptocurrency trader lost nearly $500,000 in less than an hour after betting on the ANT meme coin created by Claude. The trader initially spent $587,000 to acquire 14.7 million ANT tokens but later sold the entire position for only $134,000. This resulted in a loss of around $454,000. ANT is a meme coin tied to artificial intelligence and was created on the Solana blockchain through the Pump Fun platform. The recent sell-off and losses can be attributed to the inherent volatility associated with meme coins.



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