The post Pnut Rally Hits 100%: A $669 Loss Turns into a $17M Story. appeared first on Coinpedia Fintech News
Increasing the FOMO in the crypto market, the story of Pnut guy is trending in the industry. As the price of Pnut increased by 100% in the past 24 hours, the Pnut rally continued. Before the rally, 19.4 million Pnut tokens were bought by a trader in exchange for 8 SOL tokens worth $1,366. Due to the initial pullback, the trader sold his entire Pnut holding for 4.08 SOL worth $697. Selling at a loss of $669, the worth of 19.4 million at the current market price is $17 million.