A trader lost $907,000 after making two FOMO-driven meme token trades in one day, according to transaction details shared online.
The trader spent $916,500 to buy 7.28 million MEME at $0.126 before selling for $353,000, taking a $563,000 loss, or 61.45%. The same trader then spent $356,000 to buy 8.93 million SLINK at $0.04 and sold for just $12,000, losing $344,000, or 96.62%.
Trader Loses $907K on Two FOMO Meme Token Trades in One Day
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
