A trader bought $5,000 of CAR tokens and made more than $12 million in profits in 3 hours
Lookonchain monitoring shows that a trader bought 46.57 million CAR tokens for 25 SOL (about $5,000) one second after the president of the Central African Republic released the CAR token contract address. The trader then sold 22.65 million CAR tokens for 8,395 SOL (about $1.67 million), holding 23.92 million CAR tokens (about $10.5 million), and making a profit of over $12 million within three hours, with an investment return rate of 2,450 times.
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