{"id":147721,"date":"2025-01-27T18:00:19","date_gmt":"2025-01-27T16:00:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=147721"},"modified":"2025-01-27T15:42:48","modified_gmt":"2025-01-27T13:42:48","slug":"trader-faces-8-5m-loss-after-betting-big-on-trumps-memecoin","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/trader-faces-8-5m-loss-after-betting-big-on-trumps-memecoin\/","title":{"rendered":"Trader Faces $8.5M Loss After Betting Big on Trump’s Memecoin"},"content":{"rendered":"

After making a jaw-dropping $22.7 million in profit<\/a><\/strong> from an initial investment, their attempt to repeat the success ended with a staggering $8.48 million loss.<\/p>\n

The trader\u2019s story began with a purchase of 1.03 million TRUMP<\/a><\/strong> tokens at $1.79 each. As the token\u2019s value surged to $23.84, they sold at the peak, reaping massive profits. Riding high on this success, the trader reinvested $16.7 million to acquire 309,514 tokens, expecting another upward trend.<\/p>\n

Instead, the token\u2019s value plunged by 70%, driven by a wave of sell-offs and a broader crypto market slump, turning their reinvestment into a substantial loss.<\/p>