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Investor Misses Out On $2.65 Million Profit By Selling MOODENG Early

Time:2024-09-27 Click:499


According to Odaily, blockchain monitoring service Lookonchain has revealed that an investor missed out on a potential profit of $2.65 million by selling MOODENG tokens prematurely. The investor initially purchased 19.4 million MOODENG tokens for 1.5 SOL, equivalent to approximately $203.5. The tokens were later sold for 7.64 SOL, or around $1,039, resulting in a profit of $835, which is a fourfold return on the initial investment.

Had the investor held onto the MOODENG tokens until now, the profit would have soared to $2.65 million, representing a return of over 13,000 times the original investment. This significant missed opportunity highlights the potential volatility and high stakes involved in cryptocurrency investments.

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