The post DOGS Token Skyrockets, Smart Trader Nets 400% Profit appeared first on Coinpedia Fintech News
On August 27, 2024, the tap-to-earn token Dogs (DOGS token) gained massive attention from the crypto community following its listing on major centralized exchanges (CEXs) including Binance, HTX, ByBit, and OKX. Amid this listing, a smart trader made over a 400% return on the initial investment, as reported by an on-chain analytic firm lookonchain.
Smart Trader Scores Big with DOGS Token
According to Lookonchain’s post on X (Previously Twitter), before DOGS was listed on major CEXs, it was available on decentralized exchanges (DEXs). However, upon learning about the upcoming DOGS listing on centralized exchanges (CEXs), the smart trader spent 3,271 Toncoin (TON) worth $18,400 and bought nearly 55.9 million DOGS tokens at the low price of $0.00013.
A smart trader has made over 400% profit by trading $DOGS!
How did he do it? $DOGS was already available for trading on #DEX
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