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Sunday, February 25, 2024
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    bitcoin
    Bitcoin (BTC) $ 51,582.82
    ethereum
    Ethereum (ETH) $ 3,021.69
    tether
    Tether (USDT) $ 0.999746
    bnb
    BNB (BNB) $ 378.95
    usd-coin
    USDC (USDC) $ 0.999823
    xrp
    XRP (XRP) $ 0.54529
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.086072
    cardano
    Cardano (ADA) $ 0.59578
    solana
    Solana (SOL) $ 103.24
    matic-network
    Polygon (MATIC) $ 0.981926
    polkadot
    Polkadot (DOT) $ 7.75
    tron
    TRON (TRX) $ 0.137677

    Ethereum (ETH) Dealer Pockets $166K Revenue With Good Strikes: Particulars

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    BuyBitcoinsWithUsdEur

    In a surprising show of buying and selling acumen, an Ethereum (ETH) dealer managed to safe a revenue of roughly $166,000 inside simply two days, beginning with an funding of merely 0.26 ETH (equal to $613). This outstanding feat was achieved by means of strategic transactions involving DeFrogs (DEFROGS), a brand new cryptocurrency that has not too long ago captured the eye of the market.

    In accordance with particulars shared by Lookonchain, a blockchain analytics platform, the dealer launched into this profitable journey by initially investing 0.08 ETH ($190) to buy 100 DEFROGS tokens. This transaction was executed regardless of the excessive fuel charges on the time, which amounted to 0.178 ETH ($423). The choice to bear such important transaction prices early on underscores the dealer’s confidence within the potential of their funding.

    In simply 2 days, this dealer made $166K with solely 0.26 $ETH($613)!

    This dealer spent solely 0.08 $ETH($190) to purchase 100 #DEFROGS utilizing a excessive fuel of 0.178 $ETH($423), then offered 60 #DEFROGS for 27.8 $ETH ($67K).

    He presently has 40 #DEFROGS($100K) left, the overall revenue is ~166K! pic.twitter.com/g0VtlKoKGM

    β€” Lookonchain (@lookonchain) February 8, 2024

    The technique started to bear fruit when the Ethereum dealer offered 60 of their DEFROGS tokens for a staggering 27.8 ETH, translating to roughly $67,000. This sale not solely recouped the preliminary funding and related prices but additionally yielded a considerable revenue. As of the most recent replace, the dealer nonetheless holds 40 DEFROGS tokens, valued at round $100,000, bringing their complete revenue to the neighborhood of $166,000.

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    Meme coin craze

    This buying and selling success story coincides with a major surge within the worth of DeFrogs (DEFROGS). The cryptocurrency has skilled a outstanding 111.91% improve in its worth during the last 24 hours, with its value presently standing at $3,335 per token. This surge has propelled the buying and selling quantity of DEFROGS to $28.8 million and boosted its market capitalization to $34.27 million, highlighting the rising curiosity and confidence on this new digital asset.

    DeFrogs is a part of the burgeoning meme coin sector, drawing inspiration from the Pepe (PEPE) crypto venture. Launched on Feb. 7, DEFROGS is touted as a token based mostly on the novel ERC-404 customary. This customary is designed to mix the options of cryptocurrencies with these of non-fungible tokens (NFTs), providing a singular worth proposition within the digital asset house.

    The story of this Ethereum dealer’s success serves as a testomony to the potential rewards of strategic and knowledgeable buying and selling inside the unstable cryptocurrency market. It additionally underscores the significance of staying abreast of rising tendencies and applied sciences within the digital asset house, the place revolutionary initiatives like DeFrogs can supply important alternatives for progress and revenue.

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