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Trader Gets Rich Overnight After Realizing Tron Is Still Somehow Relevant in 2023

BitcoinCrypto NewsEthereum 2 Sam Rogers August 22, 2024

An illustration: A cartoon figure sitting at a desk with stacks of cash overflowing from it; The figure is surrounded by screens displaying charts showing an extreme spike in value; In the background, there's a faint image of Sun Wukong character jumping over mountains and trees; On one side of the room, a large Steam logo can be seen on top of other gaming logos. A cartoon version of Justin Sun stands next to his desk with a big smile looking at screens displaying charts showing an extreme spike in value. The figure is surrounded by stacks of cash overflowing from it.

Well well well, look who’s at it again with their get-rich-quick schemes! Another Tron-based memecoin that nobody needs or wants has managed to make some poor soul a quick buck (or $750K in this case). And what do we have here? A trader turned millionaire overnight thanks to the “genius” of Justin Sun, who apparently thinks changing his profile picture on X will magically increase the value of some obscure token. I mean, come on! It’s not like people were just waiting around for a reason to buy into this particular memecoin (SunWukong). Nope, it was all about good ol’ fashioned speculation and FOMO.

Source: cointelegraph

Trader turns $1K into $750K trading Tron memecoin SunWukong
https://cointelegraph.com/news/trader-997-into-750k-trading-memecoin-named-after-wukong-game
An anonymous trader on the Tron network turned an initial bid of $1,000 into over $750,000, trading a new Tron-based memecoin called SunWukong (SUNWUKONG).  In an Aug. 21 X post, blockchain data platform Arkham Intelligence shared that the trader purchased 43.8 million SunWukong tokens for an initial price of $997.  The value of the SunWukong memecoin ballooned following a move from Tron founder Justin Sun to change his profile picture […]

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About the author

Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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