1 min read

Fomo User’s ZCAT Position Peaked at $1.65 Million

Scout invested $12,700 when ZCAT’s market capitalization was $127,000 and still holds tokens valued at $416,800.

A small cat-shaped token rests beside a neatly stacked bundle of cash / TokenPost.ai
A small cat-shaped token rests beside a neatly stacked bundle of cash / TokenPost.ai

A Fomo platform user identified as “scout” invested $12,700 in ZCAT five weeks ago, when the token’s market capitalization was $127,000.

At its historical high, the position was valued at $1.65 million.

Scout has sold $19,000 worth of tokens and retains holdings valued at $416,800; the reported profit is about $422,000. The reported return was about 33 times the original investment.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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