A trader lost approximately $17,400 by rushing to buy DOYR tokens.
Foresight News reported, citing Lookonchain monitoring, that immediately buying tokens after a listing announcement is no longer an easy way to make money and is more likely to result in losses. Trader 0xa7b5 paid an extra 6.8 BNB (worth about $6,074) as a tip, spending 44.8 BNB (worth about $40,079) to purchase 2.55 million DOYR, and later sold them for 32.12 BNB (worth about $28,734), resulting in a total loss of approximately $17,400. Meanwhile, trader 0x8A70 paid only 0.794 BNB (worth about $709) in gas fees, spent 239 BNB (worth about $213,820) to buy 28.8 million DOYR, and then sold them for 282.5 BNB (worth about $252,000), making a profit of about $38,000 with a 15% return. Ironically, although 0xa7b5 paid a higher tip, his transaction was one second later than 0x8A70's.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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