Baked Or Burned? Trader Makes 307x From Solana Token But Investors Raise The Alarm

Quick Summary:

Lookonchain reported that a sniper spent 70 SOL to buy 81.78 million BAKED.30 minutes later, the trader sold his holdings for 21,581 SOL, worth around $3.06 million, in 76 transactions.

Trader Makes $3 Million In Minutes A crypto trader made millions in 30 minutes after investing $9,923 in Solana-based memecoin BAKED.

The wallet bought the Solana memecoin "while minting tokens and 206.9M $BAKED was added to liquidity.” 19 wallets snatched up the remaining 492.37 million tokens in one second.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: United Kingdom

Topics: SOLUSDT Solana token Solana Solana memecoin Cryptocurrency Market News BAKED Staking Rewards Memecoin Crypto trader Crypto scam GUMMY Sol Crypto staking

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 21:00:30 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 571 words

Reading Time: 4 minutes read

Sentences: 82 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 21450405

View Article Analysis

About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 6 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 13 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

Frequently Asked Questions