The post An Investor Earned $1.25 Million in Just Eight Minutes! Here’s the Altcoin He Invested In! appeared on BitcoinEthereumNews.com.

While Solana (SOL)-based memecoins made their mark in 2024, many investors earned millions of dollars from these memecoins. While fortunes can be made in a few minutes in the cryptocurrency world, in this case, it took only eight minutes to make millions of dollars. According to Lookonchain’s post, a cryptocurrency investor recently earned $1.25 million in eight minutes from a SOL-based memecoin called BUZZ. Accordingly, this investor spent 82 SOL worth $17,000 to purchase 268.12 million BUZZ tokens. This amount corresponds to 26.8% of BUZZ’s total supply. “Someone made 6,008 SOL ($1.25 million) from their BUZZ investment in just 8 minutes! This trader spent 82 SOL (worth $17k) to buy 268.12 million BUZZ (26.8% of the total supply) and paid 49 SOL worth of trading fees to make the initial purchase. “8 minutes later he sold all his BUZZ tokens for 6,090 SOL (worth $1.26 million), making $1.25 million.” *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/an-investor-earned-1-25-million-in-just-eight-minutes-heres-the-altcoin-he-invested-in/

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Filed under: News - @ January 3, 2025 5:23 pm