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A meme cryptocurrency hunter has finally landed a windfall after placing a bet on various tokens that earned them millionaire status in two days. In this case, the investor, who has tried his luck with several tokens, saw his investment in Peanut the Squirrel (PNUT) yield a profit of $1.77 million, according to data from Lookonchain on November 3. Details of the trade indicate that the investor, who targets high-risk, high-reward tokens, secured significant profits trading the PNUT/SOL pair on Raydium, an automated market maker (AMM). Picks for you Expert warns Bitcoin 'will witness the biggest crash in years' after bull trap 2 hours ago Trader turns $44,800 into $1.4 million with Peanut (Pnut) the squirrel ...

Recently, memecoins seem to be a quite quirky, although pretty fast-growing, segment of the cryptocurrency market that is known to capture the imagination of investors and internet culture enthusiasts alike. These digital currencies, such as Dogecoin and Shiba Inu, have surged in popularity, often powered by viral social media trends or endorsments from celebrities and other influential figures. The main appeal for memecoins lies in the low entry threshold and the potential for massive returns in a very short period. It is an ability to turn small investments into huge ones. The low cost of entry coupled with the hype surrounding such coins could lead to explosive price surges. However, this rapid rise comes at substantial risk. Unlike traditional cryptocurrencies, most memecoins lack the real underlying technology or utility that can help them sustain value in the long term. Their prices are highly volatile and easily swing dramatically based on market sentiment rather than the fundam...

The crypto market is dynamic. Amidst this, Galaxy Fox (GFOX) is increasingly being examined, particularly in light of the recent price dip in Tron (TRX).  Crypto market status The recent drop in TRX price s has sparked discussions, prompting market participants to evaluate their next moves.  This situation has prompted many to consider digital assets integrating technology and introducing new Features . This quest, observers note, resembles a digital treasure hunt as enthusiasts seek the next significant development, whether for short-term gains or long-term investments.  You might also like: Polygon holders focusing on new memecoin project, Galaxy Fox Beyond profits, there is a genuine interest in the technology and vision behind these emerging digital currencies. More about Galaxy Fox As the search continues, several options emerge. Currently, Galaxy Fox is gaining attention.  The platform integrates the blockchain and has a fresh perspectiv...

As the digital currency world expands, so does its dark side, with billions of dollars falling into the hands of hackers, scammers, and even trusted founders. The crypto industry, known for its lack of clear regulation and wild price swings, once seemed rife with potential scammers looking to steal from the unwary. While steps are being taken to provide regulatory clarity for crypto worldwide, price volatility and theft are still concerning issues. In 2022 alone, data from Chainalysis shows that bad actors made off with more than $3.8 billion in crypto, most of it stolen from decentralized finance (DeFi) protocols by North Korea-linked attackers such as the Lazarus Group.  The amount was a 15% increase over 2021 when records show hackers and scammers stole about $3.3 billion worth of digital assets. In the first quarter of 2023, 57 cases of crypto theft were reported, with extrapolations of those figures suggesting there could be as many as 228 incidents by the end of the year...