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A user under the nickname Larp Von Trier was able to increase investments by 23,770 times in six days on tokens with a market capitalization of less than $5,000. Lookonchain analysts drew attention to this.
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1/ Crazy!@LarpVonTrier turned 0.1 $ETH($353) into $8.39M on #Base in just 6 days, a gain of 23,770x!
How did he do it?
Let’s learn about his story. pic.twitter.com/8AwtepfFLX
— Lookonchain (@lookonchain) April 2, 2024
Earlier, a trader announced a hunt for potentially promising coins on the Coinbase exchange. On March 27, he bought 1.3 billion KEYCAT (13.16% of the total) for 0.1 ETH ($353). At that time, the token had been trading for a couple of days, and its capitalization was only $2,200.
Larp Von Trier then sold 344.7 million KEYCAT for 497 ETH ($1.75 million). There are 971.2 million KEYCAT left in his six wallets (9.71% of the total), the value of which is now $6.64 million.
Not all of the user’s transactions were successful. Before that, he bought NORMIE and NORMILIO, but lost $820 (-23%) and $9,700 (-84%) on them, respectively.
Let us remind you that at the end of March, an unknown user received $8.9 million in two hours using the “cat” token MEW.
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2024-04-02 08:24:50
#Trader #turned #ETH #million #small #cap #tokens #ForkLog
