Crypto News

BASE Network Meme Token $BORED Pre-Sale Participants Ride Roller Coaster Of Price Swings

The participants in the pre-sale of the BASE Network Meme Token $BORED witnessed a tumultuous journey today as the token’s value fluctuated wildly. 

Following its launch, $BORED experienced a sharp decline, only to rebound dramatically by 119% within the last 6 hours, reaching an unprecedented high.

One notable investor, identified by the address 0xb94…Db422, entered the pre-sale by committing 30 ETH, totaling $108,000, across three transactions. In return, they received 24.13 million tokens.

During the period of decline, the investor opted to sell 16.16 million $BORED tokens for 24.08 ETH. However, as the token’s value began to rise again, they reinvested 13 ETH to acquire 7.6 million tokens at a rate of 0.0062 per token. This strategic move resulted in a cumulative profit of 27 ETH, valued at $98,000.

$BORED Now The Hottest Token With $29.5m MC

According to data from dex screener, $BORED currently holds the top spot as the hottest token, boasting a Market Cap of $29.5M and trading at $0.0094. 

Source: DEXScreener

The token’s volatility and rapid price movements have captured the attention of traders and investors, cementing its prominent position in the market.

The fluctuating nature of $BORED’s price underscores the inherent risks and potential rewards associated with meme tokens and speculative investments in the cryptocurrency market.

Despite the roller coaster experienced by pre-sale participants, the token’s impressive performance highlights the excitement surrounding emerging digital assets. 

As $BORED continues to make waves, investors remain eager to capitalize on its dynamic price movements and potential for substantial returns.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Image Source: yourapechkin/123RF // Image Effects by Colorcinch


Leave a Comment

Your email address will not be published. Required fields are marked *