Altcoin Investor Earns $398,000 in Less Than 10 Minutes

A cryptocurrency trader has made hundreds of thousands of dollars in a matter of minutes.

According to a post by blockchain analysis platform Lookonchain, a trader was able to earn 2,414 Solana (approximately $398,000) in less than 10 minutes.

The trader spent 60 Solana (approximately $9,914) to acquire 89.18 million HAPPY tokens. They then sold 2,474 Solana (approximately $408,000) of those tokens.

The HAPPY token also made millions for its developer. The project was launched by an individual known on social media as @bazingahappy.

Using the name bazingahappy.sol on Solscan, the developer used Pump.fun to buy a total of 793 million HAPPY tokens for 85 Solana (approximately $14,000) once HAPPY was launched. This represents 79.3% of the total HAPPY supply.

The Lookonchain team revealed that these are now worth $3.7 million and warned of possible selling pressure.

Table of Contents

Toggle

Binance Alert: Phishing and Fraud Surge on Telegram

On Telegram, cryptocurrency exchange Binance has detected a concerning rise in fraudulent activity. These operations

30
Jun

Buterin Criticizes Bitcoin Regulation

Vitalik Buterin, an outspoken co-founder of Ethereum, recently voiced his annoyance with the present level

30
Jun

Crypto ATM Installations Surge 17.8% in 12 Months

Inching toward its high of 39,541 set in December 2022, the number of crypto ATMs

30
Jun