A crypto trader turned $1,331 into $3.4 million by investing in Moo Deng, but liquidity concerns and insider suspicions arose.
A cryptocurrency investor achieved a remarkable 2,554-fold return on a well-timed $1,300 investment in the hippo-themed Moo Deng (MOODENG) token.
However, this gain has raised suspicions among some community members who speculate that an insider or developer may have been involved.
On Sept. 25, onchain analytics firm Lookonchain identified a crypto trader on the Solana blockchain who traded their way into becoming a millionaire in two weeks.
