Earned and lost $1.2 million on a meme token
In June, a fan of trading shitcoins bought 16 million AURA for $80,000 — by August, when the token's market capitalization reached $75 million, the trader's assets were worth over $1.2 million.
😵 Now he has $11K in his pocket and shame for the rest of his life.
In June, a fan of trading shitcoins bought 16 million AURA for $80,000 — by August, when the token's market capitalization reached $75 million, the trader's assets were worth over $1.2 million.
However, the user didn't lock in the profit, and after a market correction in September, the token's value collapsed — $1.2 million turned into $91,000.
😵 Now he has $11K in his pocket and shame for the rest of his life.