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Investments in SHROOM cryptocurrency brought the user $ 9 million in just 1 hour

3:37 pm, March 20, 2024

Editor’s note: not financial advice!

Lookonchain analysts drew attention to a trader who managed to earn a large sum in just 1 hour. The unknown investor chose SHROOM tokens for his transactions. The analysts shared the details with the readers of their account on the X platform.

The trader spent 6000 Solana (SOL), which was worth about $ 1.03 million at the time, to buy 292.16 million SHROOM tokens. The transaction was recorded in a block in which the project authors injected liquidity into the pool.

Later, amid the growth of the token rate, the trader sold all the purchased SHROOM tokens for 57,112 SOL ($ 9.93 million). Thus, he earned $ 8.9 million. All transactions took him less than an hour.

Cryptocurrency community members are confident that the project team is behind the transaction, and such results can only be achieved in one case — if you have insider information.

Just a few days ago, Lookonchain analysts told the story of a trader who managed to turn $ 4 into more than $ 60,000 in a few hours. An unknown member of the crypto community invested in the BALLZ memecoin.

No Worries strongly advises readers not to invest in dubious crypto projects and little-known digital assets!

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