A trader executed two FOMO trades in one day, resulting in a total loss of $907,000.
49 minutes ago
According to Lookonchain’s monitoring, a trader executed two consecutive FOMO trades within a single day, logging a total loss of roughly $907,000. The trader first spent $916,500 to purchase 7.28 million MEME tokens at $0.126 apiece, then sold the entire holding for just $353,000, taking a $563,000 loss equivalent to a 61.45% drop. Next, the trader deployed an additional $356,000 to buy 8.93 million SLINK tokens at $0.04 each, only to sell them for approximately $12,000, incurring a $344,000 loss with a 96.62% plunge. BlockBeats reminds users: Most meme coins lack real-world use cases and are subject to extreme price volatility. Please protect your assets and refrain from FOMO trading.
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