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Cryptocurrency trader earns $ 1.25 million in just eight minutes on Hive AI token

2:16 pm, January 7, 2025

Note: not investment advice!

A cryptocurrency trader made a profit of $ 1.25 million in just eight minutes by taking advantage of an early opportunity to invest in the Hive AI token (BUZZ). The transaction was executed on the Raydium decentralized exchange, which is based on the Solana blockchain SOL $190.13 Solana -8.47% Market capitalization $91.96 billion VOL. 24 hours $0.9 billion . This was noted by Lookonchain analysts.

The trader purchased 268.12 million BUZZ tokens, which is almost 27% of the total liquidity pool, paying 49 SOL (approximately $ 10,000) for priority transaction processing. In less than ten minutes, he sold his tokens for 6,090 SOL, securing a net profit of $ 1.25 million.

However, such a quick transaction raised suspicions among the community. The trader managed to get a large amount of liquidity and avoided any market corrections, which led crypto users to assume that he might have used insider information.

Hive AI (BUZZ) was launched at the end of December 2024. The project aims to simplify access to decentralized finance (DeFi) by using artificial intelligence to automate tasks. Despite the considerable attention to the project, its rapid growth has drawn criticism, and some experts doubt its long-term prospects, calling it a risky investment.

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

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