OpenAI’s SORA announcement launches token of the same name: 1280x profit in a day

Recently, a new transaction has been added to the examples of opportunistic traders earning hundreds of thousands of dollars with very small investments. An investor made 1280 times profit in one day on the SORA token he bought.

OpenAI’s SORA announcement launches token of the same name: 1280x profit in a day

The SORA token was created shortly after the launch of the generative artificial intelligence model of the same name from OpenAI. A trader made a huge amount of money from this token, in which he invested only $140.

1280x Profit

With just 0.05 ETH, or around $140, the trader who purchased SORA on February 16 made $176,000. Notable was also the fact that the trader bought SORA at the same time as OpenAI revealed SORA, a video converter with AI capability.

The trader, who bought 16 million SORA tokens, sold 12.3 million tokens in the following hours and obtained 36.5 ETH. The value of these ETHs at the time of the sale of SORA tokens was approximately $102 thousand. Trader still has 3.64 million SORAs worth $75 thousand.

These transactions and the $175 thousand the trader earned within hours became the subject of discussion. Cryptocurrency traders and industry followers agree that this is a developer involved in the project…

There have been similar transactions in recent weeks, especially in Solana-based meme coins.

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