Currencies33111
Market Cap$ 3.10T+1.56%
24h Spot Volume$ 64.30B+20.1%
DominanceBTC60.88%+0.05%ETH7.01%+0.56%
ETH Gas0.44 Gwei
Cryptorank
MainNewsInside the $...

Inside the $BAKED Token Frenzy: How a Solana Trader Turned $10K into $3 Million!


by CoinEdition
Crypto Trader Turns $9,923 into $3 Million with $BAKED—But There's a Catch!
  • Strategic trading and timing enabled a trader to achieve a remarkable 307x gain with $BAKED token.
  • Insider involvement in initial token distribution raises questions about fairness and transparency.
  • Despite market volatility, $BAKED token shows resilience with incremental price gains and steady trading activity.

A Solana-based trader turned a modest 70 SOL (approximately $9,923) into a staggering $3.05 million in a whirlwind 30-minute trade, capitalizing on the controversial launch of the $BAKED token on the DegenFund platform. The details behind this transaction reveal a mixture of strategic timing and a bit of luck, perhaps!

The incident raised eyebrows and sparked accusations of insider trading, as blockchain data reveals that the token’s developers and associated wallets quickly amassed the majority of the supply.

$BAKED’s launch, however, was not without controversy. Look…

The post Inside the $BAKED Token Frenzy: How a Solana Trader Turned $10K into $3 Million! appeared first on Coin Edition.

Read the article at CoinEdition

Read More

SOL Strategies Goes All-In on Solana With $500M High-Yield Crypto Play

SOL Strategies Goes All-In on Solana With $500M High-Yield Crypto Play

A Canadian Firm, SOL Strategies (CSE: HODL), made one of the boldest plays in recent ...
Public Firm Janover Pivots Strategy, Plans to Hold Solana on Balance Sheet

Public Firm Janover Pivots Strategy, Plans to Hold Solana on Balance Sheet

Janover Inc. (Nasdaq: JNVR) has formally asked the SEC to approve changing its name t...
MainNewsInside the $...

Inside the $BAKED Token Frenzy: How a Solana Trader Turned $10K into $3 Million!


by CoinEdition
Crypto Trader Turns $9,923 into $3 Million with $BAKED—But There's a Catch!
  • Strategic trading and timing enabled a trader to achieve a remarkable 307x gain with $BAKED token.
  • Insider involvement in initial token distribution raises questions about fairness and transparency.
  • Despite market volatility, $BAKED token shows resilience with incremental price gains and steady trading activity.

A Solana-based trader turned a modest 70 SOL (approximately $9,923) into a staggering $3.05 million in a whirlwind 30-minute trade, capitalizing on the controversial launch of the $BAKED token on the DegenFund platform. The details behind this transaction reveal a mixture of strategic timing and a bit of luck, perhaps!

The incident raised eyebrows and sparked accusations of insider trading, as blockchain data reveals that the token’s developers and associated wallets quickly amassed the majority of the supply.

$BAKED’s launch, however, was not without controversy. Look…

The post Inside the $BAKED Token Frenzy: How a Solana Trader Turned $10K into $3 Million! appeared first on Coin Edition.

Read the article at CoinEdition

Read More

SOL Strategies Goes All-In on Solana With $500M High-Yield Crypto Play

SOL Strategies Goes All-In on Solana With $500M High-Yield Crypto Play

A Canadian Firm, SOL Strategies (CSE: HODL), made one of the boldest plays in recent ...
Public Firm Janover Pivots Strategy, Plans to Hold Solana on Balance Sheet

Public Firm Janover Pivots Strategy, Plans to Hold Solana on Balance Sheet

Janover Inc. (Nasdaq: JNVR) has formally asked the SEC to approve changing its name t...