A FOMO Trader Loses $111,000 Investing in POPE in Less Than 5 Minutes
According to a report by Jinse Finance, monitored by Lookonchain, a trader lost $111,000 in less than 5 minutes by investing in POPE. Due to FOMO, he spent 200,000 USDC to purchase POPE, but the price plummeted after the transaction. In a panic, he chose to sell, receiving only $89,000, resulting in a loss of $111,000 within minutes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Curve DAO approves raising YieldBasis's crvUSD credit limit to 1 billion USD
Hong Kong Monetary Authority issues crypto scam alert, warns against fake websites stealing digital assets
Paulson: Focus on employment risks, monetary policy remains restrictive
Trending news
MoreCrypto prices
More
