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Cryptocurrency trader mistakenly sold $ 2 million worth of digital tokens for $ 495

2:53 pm, August 27, 2024

Note: not investment advice!

A recent extraordinary case in the cryptocurrency market has attracted the attention of the community. A trader bought SUNDOG tokens on the SunPump platform for $ 65 and sold them 20 minutes later, earning $ 495. However, according to Arkham’s analysis, if he had waited only 4 days, his profit could have been about $ 2 million. This example clearly demonstrates the volatility of the cryptocurrency market and the importance of endurance in making investment decisions.

Analysts note that the trader actively used cryptocurrency exchanges Binance and Kucoin to manage his own portfolio of digital assets. This indicates his experience in the field of cryptocurrencies. Interestingly, his current balance on SUNDOG tokens is zero, which confirms the fact that he has completely sold his assets.

In a short time, the SUNDOG token has grown significantly in value, reaching a capitalization of hundreds of millions of dollars. However, the asset still has the potential for further growth, especially in the current volatile market. Thus, at the time of writing, the cryptocurrency meme-coin is trading 9.2% higher than yesterday and costs $ 0.27. The market capitalization of the asset is $ 271 million.

This story serves as a reminder for traders: sometimes patience can lead to much higher profits, especially in a dynamic market like cryptocurrencies.

The No Worries editorial team strongly advises readers not to invest their own funds in dubious crypto projects and little-known digital assets!

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