This Time Being Fast in Altcoin Trading Costed a Lot: 721 SOL Disappeared in 35 Minutes!

The altcoin PUNDU launched by DAOMaker costed a serious amount of money to an investor who made a quick purchase. According to the on-chain analysis account Lookonchain, an investor who set out with the desire to buy quickly hit a hard rock. After PUNDU was opened to trading, the investor who quickly bought lost 721,000 Solana worth $138,000 in 35 minutes. The trader had withdrawn 1,535 Solana from Binance shortly before PUNDU trading was opened. However, 2 minutes after trading started, he made a purchase using 1,485 SOL and succumbed to the price drop. The sharpshooter trader panicked and made a sale to recover 764 SOL. If the investor had not made a sale, his money would continue to lose value. According to DEXtools data, PUNDU is trading at $0.04662 at the time of writing