LockonChain, a blockchain tracking platform, said that the crypto trader turned to millions of dollars in just a month by betting in an encryption project built into the SOL ecosystem.
According to lookonchain, unidentified merchants purchased the Aboriginal token of the Social Finance (Socialfi) Crypto Project Launch Coin on Break (Launchcoin) to about $ 9,075 and switched to $ 4.7 million, the 517x return.
Lookonchain also said that another merchant, known as POW, was more than seven times more profits in Launchcoin.
“Nearly 0 to $ 2.7 million -Absolute Legend!
Three months ago, @traderpow consumed 1,466 million soles of 1,466 million SOLs ($ 367,000) and saw about 99%crash.
But he continued.
Now that the lunch coin can break the market cap of $ 150 million, the 1666 million lunch coin is worth $ 2.7 million! ”
The blockchain tracking platform also emphasizes a trader that has lost hundreds of thousands of dollars of losses as Launchcoin’s price drops about three months ago.
“If this merchant was more patient, he could earn $ 7.3 million without losing $ 800,000.
Three months ago, he bought 45 million lunch coins near the summit and spent about $ 828,000.
Shortly after, Launchoin collided more than 90%.
He sold 45 million lunch coins (now $ 8.2 million) for $ 29,000 with a loss of $ 800,000. ”
Launchcoin trades $ 0.191 at the time of writing on May 8 at $ 0.00269. Launchcoin is currently 316th in its market cap, which is just over $ 195 million.
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Created image: Midjourney