A cryptocurrency owner increased his profit on digital tokens 1025 times in a day

Editor’s note: NOT investment advice!

An unknown owner of digital assets turned $ 9769 into $ 10 million overnight on the new GUMMY token. This was reported by Lookonchain analysts.

12 minutes before the start of trading with the GUMMY virtual coin, the trader withdrew 65.23 Solana SOL $138.26 Solana 0.81% Market capitalization $64.09 billion VOL. 24 hours $0.78 billion from the MEXC cryptocurrency exchange.

the anonymous digital token holder spent 64.5 SOL ($ 9769) to buy 97.36 million GUMMY in the same block in which the coin’s protocol deployer added liquidity. He then moved all the purchased tokens to 10 new wallets. Now their value reaches $ 10 million, an increase in investment of x1025.

Experts emphasized that the transaction was most likely an insider deal.

The No Worries editorial team strongly recommends that readers take a responsible approach to their own investments in cryptocurrencies — do not participate in dubious crypto projects and do not invest their own money in little-known digital assets!