According to PANews, a smart money address starting with 0xc48 experienced a significant return on investment after buying into Mfercoin (MFER) during its initial launch. The address has reportedly accumulated profits of $1.75 million, with a return rate of 2200%. Within the first 20 minutes of MFER's open trading, the address spent 20.9 ETH and 496,000 HIGNER to purchase 8.4 million tokens, valued at $79,000, with an average cost of $0.009469 per token. Three hours prior, the address sold 2.88 million MFER, earning a profit of $461,000, while the remaining portion had an unrealized gain of $1.29 million.
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