Crypto News – Within 15 minutes of the launch of SMOLE, a new meme coin, a cryptocurrency whale trader made enormous profits.
Investing in SMOLE Crypto: A Crypto Whale Gains 18.986 SOL After Investing in The Meme Coin
During the presale, the whale allegedly paid 18,460 SOLs, Solana’s native cryptocurrency, for around 22.21 billion SMOLE tokens. The investor cashed out 37,446 SOL, making a profit of 18,986 SOL, not long after the coin began trading.
In the course of this week, the SMOLE developers raised 169,982 SOL, or almost $30 million, through the meme currency presale. This amount was the highest fundraising attempt yet made by a meme coin headquartered in Solana.
SMOLE is Currently Experiencing a Slight Decline
The project will formally begin on March 18, 2024, at an unspecified hour, according to developer Dekadente, following the conclusion of the presale event. The token was, nevertheless, released on March 21.
It was listed on several cryptocurrency exchanges, such as HTX, Bitrue, XT.com, and Gate.io, before it was made tradeable. SMOLE achieved $0.0003639 shortly after its launch. It has retraced to $0.0001558 at the time of publication, though.
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