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Trader nets 0k with 1,500x return before BNB memecoin crashes 50%

Trader nets $480k with 1,500x return before BNB memecoin crashes 50%

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Source: Coin Telegraph

The profitable trader sparked insider allegations among crypto investors, as sentiment is still recovering from the recent wave of memecoin scams and rug pulls.

An unknown trader made nearly half a million worth of profit on a recently launched memecoin just before the token lost half of its value, sparking insider trading allegations after the recent wave of memecoin meltdowns.

A savvy trader made an over 1,500-fold return on his initial investment, turning it into over $482,000 in less than 24 hours on the Bubb (BUBB) memecoin.

Source: Lookonchain

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Author: Zoltan Vardai