Trader makes $201K on STANDARD token in one hour
- —Purchase: 1.14 million STANDARD for 80 ETH, worth $201,000
- —Sale an hour later: 160 ETH, worth $402,000
- —Net profit: 80 ETH, or $201,000
Why it matters: Another example of the high volatility of low-liquidity tokens, where a twofold gain in an hour is possible.
Source: PANews