How much can you earn in 10 hours? A Team Allegedly Insider Earned $1.5 Million in 10 Hours: Here’s the Altcoin He Bought!

Lately Solana (LEFT) based Dogwifhat (WIF) and many different meme tokens It brought millions of dollars to its investors.

Latest news as investors continue to make money from their mem token investments solana A meme based on the coin came from investors with insider knowledge of it.

According to Lookonchain’s post, Solana-based mem token thugInsiders bought as soon as liquidity was added by the developer.

Insiders bought 674 million Thug for 1,500 SOL ($225 thousand) through 4 wallets, then sold 464 million Thug for 11,454 SOL ($1.72 million).

Insiders, who earned $1.5 million with the THUG transaction in a short period of 10 hours, burned the remaining 210M Thug.

“Insider Earns SOL 9,954 ($1.49 Million) With Thug!

Insiders spent 1,500 SOL ($225k) to purchase 674 million Thugs via 4 wallets to which the developer added liquidity.

Later, 674 million Thugs were distributed to multiple wallets and 464 million Thugs were sold for 11,454 SOL ($1.72 million).

Insiders earned 9,954 SOL ($1.49 million) in just 10 hours!

And the remaining 210M Thugs were burned.”

Insiders Made 9,954 $LEFT ($1.49M) by Dumping $thug on You!

The Insiders spent 1,500 $LEFT($225K) to buy 674M $Thug via 4 wallets at the same block where the developer added liquidity.

Then distributed 674M $Thug to multiple wallets and sold 464M $$Thug for 11,454 $LEFT($1.72M).… pic.twitter.com/gB0dy8q6u0

— Lookonchain (@lookonchain) May 8, 2024

*This is not investment advice.