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MainNewsInside the $...

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


Jul, 02, 2024
< 1 min read
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

Solana’s UTXO Data Signals Key Support at $129 Amid Short-Term Price Range?

Solana’s UTXO Data Signals Key Support at $129 Amid Short-Term Price Range?

According to recent Glassnode data, Solana ($SOL) has had a significant shift in its ...
Apr, 15, 2025
< 1 min read
by CoinEdition
Bitget Launches New Campaign Featuring FC Barcelona’s Raphinha, Tapping into Football’s Global Reach

Bitget Launches New Campaign Featuring FC Barcelona’s Raphinha, Tapping into Football’s Global Reach

Global crypto exchange Bitget has launched a new advertising campaign featuring FC Ba...
Apr, 15, 2025
< 1 min read
by CoinEdition
MainNewsInside the $...

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


Jul, 02, 2024
< 1 min read
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

Solana’s UTXO Data Signals Key Support at $129 Amid Short-Term Price Range?

Solana’s UTXO Data Signals Key Support at $129 Amid Short-Term Price Range?

According to recent Glassnode data, Solana ($SOL) has had a significant shift in its ...
Apr, 15, 2025
< 1 min read
by CoinEdition
Bitget Launches New Campaign Featuring FC Barcelona’s Raphinha, Tapping into Football’s Global Reach

Bitget Launches New Campaign Featuring FC Barcelona’s Raphinha, Tapping into Football’s Global Reach

Global crypto exchange Bitget has launched a new advertising campaign featuring FC Ba...
Apr, 15, 2025
< 1 min read
by CoinEdition