In a stunning display of market savvy, a trader raked in US$1.5 million in just 7 hours by sniping the newly launched 3AC Meme coin. According to BlockBeats news on September 28, data from Lookonchain revealed that the trader’s address invested 238 ETH (approximately $641,500) to acquire 28.03 million 3AC as soon as it opened for trading.
After the initial purchase, the trader swiftly sold 24.95 million 3AC for a whopping 799 ETH (around $2.15 million). This savvy move netted the trader a profit of 561 ETH (roughly $1.5 million). Remarkably, they still hold onto 3.08 million 3AC, valued at approximately $369,000.
This transaction highlights the lucrative potential of meme coins and the agility required to capitalize on market openings. As the cryptocurrency landscape continues to evolve, traders are reminded that timing can make all the difference!
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