The cryptocurrency market has experienced an astounding breakthrough. Lookonchain reports that a single investor managed to make over $550,000 in just six days by freely minting Daram and Frogs tokens. This remarkable accomplishment showcases a new example of quickly generating substantial profits in the cryptocurrency market.
Noteworthy Gains from Daram and Frogs
On-chain data reveals that the investor minted a staggering 45.9 billion Daram tokens using 918 different wallets. The gas fees associated with this operation amounted to approximately $10,000. Simultaneously, they also minted 8.8 trillion Frogs tokens using 880 wallets, incurring around $7,000 in gas fees.
Following these transactions, the investor proceeded to sell all their Frogs tokens, resulting in earnings of 26.56 ETH, which is approximately $69,000. Additionally, they sold 32.3 billion Daram tokens, resulting in a gain of 69 ETH, equivalent to about $180,000.
Currently, the investor still maintains 13.6 billion Daram tokens, which hold a total value of approximately $319,000.
Wallet Address and Transaction Details
Lookonchain has disclosed the wallet address of the investor responsible for these transactions. The wallet address is 0xAB4ce2a08cBeA809692218DD7841F681B80069A9. These transactions conducted through this particular address have sparked significant interest among participants and traders in the cryptocurrency market. The substantial profits achieved in such a short span of time serve as a valuable lesson for those seeking opportunities in the world of cryptocurrency.
The investor’s actions with Daram and Frogs tokens exemplify how significant gains can be realized despite the high gas fees prevalent in the cryptocurrency market. This investor, renowned for their strategy of freely minting tokens, serves as a source of inspiration for other market users.
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Disclaimer: The information provided in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry significant volatility and risk, and should conduct their own research.
