Trader who sold WIF tokens earlier lost $24 million!

A trader who managed to buy dogwifhat (WIF), which was released in December 2023, in the first days of its launch, has thrown away a huge profit, despite making 10 fold profit on this meme coin. Trader’s loss of impatience cost him $24 million.

Trader who sold WIF tokens earlier lost $24 million!

While Bitcoin continues to trade above $70,000, only meme coins seem to be threshold to the largest cryptocurrency so far. While the sharp increases in meme coins, especially PEPE, continue, Solana-based dogwifhat (WIF) also continues to rise non-stop.

In fact, dogwifhat (WIF) has risen up so sharply that it made early investors regret profit sales. According to the information provided by on-chain data platform Lookonchain, the trader who bought 5 days after WIF launched bought 8.18 million tokens.

Trader missed $24 million

The trader, who spent $1100 for these purchases, eventually sold all his tokens for $142 thousand. Although the profit he made is one of the biggest gains that can be captured in a short time, in fact, if this person had not waited patiently and sold, he would have made a fortune today. WIF has increased by more than 35% in the last 24 hours, rising above $3. Considering all these price movements, if the trader had not sold, he would currently have $24 million in tokens.

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