While investments in various mem tokens and their rise have been talked about lately, now a different altcoin is making a name for itself with its rise.
At this point, PANDORA, the first token built on the Ethereum (ETH) ERC404 token standard, attracted the attention of investors with its approximately 13-fold rise, while a smart investor made a profit of $ 1.2 million from his PANDORA investment in two days.
PANDORA, which rose above $ 8,000 in a short time, made its investors millionaires and increased by 74% in the last 24 hours.
According to Lookonchain’s post, two investors made a huge profit in a short time from PANDORA, the first ERC404 token.
Accordingly, a smart investor spent $189 thousand to buy 187.68 PANDORA at $1,007 2 days ago, and his investment has already reached a value of $1.42 million.
While this investor earned $1.23 million in just 2 days, another investor earned $1.2 million.
This investor also spent 97,484 USDT to buy 154 PANDORAs at $633 2 days ago and sold 25 PANDORAs at $7,548 for 188,695 USDT 1 hour ago, making a net profit of 91,211 USDT.
While this investor still has 129 PANDORAs, his unrealized profit is $1.1 million.
“The price of PANDORA, the first token built on the ERC404 token standard, is now over $8,600.
One trader made a total profit of ~$1.2 million from PANDORA in just 2 days!”
PANDORA continues to trade at $7,268 at the time of writing.
The price of #Pandora, the first token built on the #ERC404 token standard, has now risen to over $8,600.
A trader has made a total profit of ~$1.2M on #Pandora in just 2 days!
The trader spent 97,484 $USDT to buy 154 #Pandora at $633 2 days ago and sold 25 #Pandora for 188,695… pic.twitter.com/407fCIlcx1
— Lookonchain (@lookonchain) February 6, 2024
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/newly-released-ethereum-based-altcoin-rises-13-times-its-investors-became-millionaires-in-two-days/