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The Defiant 2025-01-03 21:30:35

Trader Turns 82 SOL Into $1.26M in 8 Minutes Sniping $BUZZ Tokens, Market Value Reaches $40 Million

Trader Turns 82 SOL Into $1.26M in 8 Minutes Sniping $BUZZ Tokens, Market Value Reaches $40 Million

A trader capitalized on the launch of the $BUZZ token, turning an investment of 82 SOL, approximately $17,000, into a profit of 6,090 SOL, valued at around $1.26 million, in just eight minutes. The trader initially acquired 268.12 million $BUZZ tokens, representing 26.8% of the total supply, by paying an additional transaction fee of 49 SOL to secure early access. This rapid trading strategy highlights the potential rewards and risks associated with token sniping in the cryptocurrency market, as the $BUZZ token reached a market value of $40 million within five hours of its launch. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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