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Inside the $BAKED Token Frenzy: How a Solana Trader Turned $10K into $3 Million!


by CoinEdition
Crypto Trader Turns $9,923 into $3 Million with $BAKED—But There's a Catch!
  • Strategic trading and timing enabled a trader to achieve a remarkable 307x gain with $BAKED token.
  • Insider involvement in initial token distribution raises questions about fairness and transparency.
  • Despite market volatility, $BAKED token shows resilience with incremental price gains and steady trading activity.

A Solana-based trader turned a modest 70 SOL (approximately $9,923) into a staggering $3.05 million in a whirlwind 30-minute trade, capitalizing on the controversial launch of the $BAKED token on the DegenFund platform. The details behind this transaction reveal a mixture of strategic timing and a bit of luck, perhaps!

The incident raised eyebrows and sparked accusations of insider trading, as blockchain data reveals that the token’s developers and associated wallets quickly amassed the majority of the supply.

$BAKED’s launch, however, was not without controversy. Look…

The post Inside the $BAKED Token Frenzy: How a Solana Trader Turned $10K into $3 Million! appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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If You Missed ETH at $1,400, SOL Is the Next Big Bet: Analyst Explains His Bullishness

If You Missed ETH at $1,400, SOL Is the Next Big Bet: Analyst Explains His Bullishness

Solana's SOL surged past $208, outpacing broader markets as analysts weigh breakout s...

Inside the $BAKED Token Frenzy: How a Solana Trader Turned $10K into $3 Million!


by CoinEdition
Crypto Trader Turns $9,923 into $3 Million with $BAKED—But There's a Catch!
  • Strategic trading and timing enabled a trader to achieve a remarkable 307x gain with $BAKED token.
  • Insider involvement in initial token distribution raises questions about fairness and transparency.
  • Despite market volatility, $BAKED token shows resilience with incremental price gains and steady trading activity.

A Solana-based trader turned a modest 70 SOL (approximately $9,923) into a staggering $3.05 million in a whirlwind 30-minute trade, capitalizing on the controversial launch of the $BAKED token on the DegenFund platform. The details behind this transaction reveal a mixture of strategic timing and a bit of luck, perhaps!

The incident raised eyebrows and sparked accusations of insider trading, as blockchain data reveals that the token’s developers and associated wallets quickly amassed the majority of the supply.

$BAKED’s launch, however, was not without controversy. Look…

The post Inside the $BAKED Token Frenzy: How a Solana Trader Turned $10K into $3 Million! appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Market Rebounds as Tether Mints Another $1B USDT

Crypto Market Rebounds as Tether Mints Another $1B USDT

The crypto market has rebounded following a market correction, which began earlier in...
If You Missed ETH at $1,400, SOL Is the Next Big Bet: Analyst Explains His Bullishness

If You Missed ETH at $1,400, SOL Is the Next Big Bet: Analyst Explains His Bullishness

Solana's SOL surged past $208, outpacing broader markets as analysts weigh breakout s...