According to a previous report by Zombit, the Solana ecosystem meme coin DJT (HRw8mqK8N3ASKFKJGMJpy4FodwR3GKvCFKPDQNqUNuEP), which exploded in popularity due to rumors of being issued by Trump himself, is now widely discussed in the community. However, it seems that some people have suffered huge losses due to Fomo, chasing after hotspots.
According to information shared by online data analyst Lookonchain, a certain on-chain address appears to have set the slippage too high, spending 2,500 SOL (about $342,000) but only receiving 91,705.6 DJT (about $91,705.6). Shortly after, they immediately sold, only receiving 4.91 SOL (about $673), resulting in a loss of over $340,000 within a minute.
Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.
Table of Contents Toggle Stablecoin Usage Becomes Increasingly Compliant TRM …