Add as a preferred source on GooglePikachusPlace-Tagged Wallet Nets $66,200 in 20-Minute MONTRA Trade
The wallet bought about 28.5 million MONTRA for $3,719, paid roughly $14,700 in buying fees and exited in 29 sales.
A wallet tagged PikachusPlace netted about $66,200 on a MONTRA trade lasting roughly 20 minutes, a return of about 360% on its total outlay.
The wallet bought MONTRA after it went live on a token-launch platform on Elysium. It acquired about 28.5178 million tokens at an average price of $0.0001304, for a purchase cost of about $3,719. Buying-related fees added roughly $14,700, bringing its total outlay to about $18,400. Those fees were nearly four times the token purchase amount.
The wallet sold the full position in 29 transactions. After selling costs, proceeds were about $84,700, leaving an estimated net gain of $66,200 and a return of about 360% on its outlay.
A Nov. 11 snapshot put MONTRA’s market capitalization at about $6.66 million, making it Elysium’s largest token by market capitalization. Had the wallet held its original tokens through that snapshot, the estimated profit would have been about $173,200, or roughly 940%.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.