Date: Fri, Oct 04, 2024, 03:10 PM GMT
In the world of cryptocurrency, fortunes can change overnight, but only for those who have the patience to hold. One unlucky trader learned this lesson the hard way after selling a massive amount of $HIPPO tokens too soon, missing out on millions.
According to Lookonchain monitoring, a trader sold 2.53 billion $HIPPO tokens for just 3,975 $SUI (worth about $7,500 at the time). Fast forward to today, and those same tokens are worth over $30 million!
The 2.53B $HIPPO this guy sold for 3,975 $SUI($7.5K) is now worth more than $30M!
— Lookonchain (@lookonchain) October 4, 2024
He only spent 196 $SUI($368) to buy 2.53B $HIPPO right after it went live on Sept 28.
However, in less than a day, he sold all $HIPPO for only 3,975 $SUI($7.5K).https://t.co/nbDGWT4EZJ pic.twitter.com/RmTTouTRjh
What makes this even more surprising is that the trader had only spent 196 $SUI (around $368) to buy the 2.53 billion $HIPPO tokens right after its launch on September 28, 2024. Less than a day later, he decided to cash out, but little did he know, he was leaving behind a fortune.
$HIPPO, also known as Su Deng, is a SUI-based memecoin that has taken the market by storm. In just six days, it has skyrocketed in popularity, with its price now sitting at $0.01224 and a market cap of $122 million, according to CoinMarketCap. Over the past 24 hours, $HIPPO has surged by 15%, attracting attention from traders and investors alike.
The rapid rise in popularity also led to $HIPPO getting listed on major exchanges like MEXC, further boosting its value and market presence.
This story serves as a reminder that in the volatile world of crypto, sometimes patience can truly be worth millions.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.