An anonymous trader has made a whopping profit of over $3 million within just 3 hours while trading the newly launched VVV token.
The trader bought 414,000 VVV tokens at an average price of $0.37 for approximately $154k in ETH within a few minutes of the token launch. After 3 hours, the trader simply sold it all for $3.32 million at an average price of $8 per token. This marks a profit staggering 20X on the initial investment.
The trader used Banana Gun, a telegram-based crypto trading bot, to purchase VVV tokens.
VVV is the native token for AskVenice, an infrastructure platform for AI Agents, developers and third-party applications. The token is launched on Coinbase’s Base blockchain. VVV’s price is currently trading at $15.84 as per DEXScreener data.
Memecoin launches often bring massive opportunities for traders who invest early before it is discovered by a major audience. Similar events have also happened in the past where early investors have made millions in profits and it’s not surprising anymore.
Read: Polymarket Traders Bet Overwhelmingly on Fed’s Steady Rates for March
