A trader made approximately $703,000 in 5 hours with a cost of $1,758 on FartCaster tokens

ChainCatcher news, according to Lookonchain monitoring, within just 5 hours, a trader made a profit of 7197 SOL (approximately $703,000) with only 18 SOL (about $1,758), achieving a return of 400 times.

The trader spent 18 SOL to purchase 55.1 billion FartCaster (accounting for 55.1% of the total supply) in the same block where the deployer initiated the FartCaster transaction. He then sold 53.94 billion FartCaster for 7197 SOL. The trader currently still holds 1.16 billion FartCaster (approximately $27,000).