Token Creator Loses $2M on the Table with LUCE

The post Token Creator Loses $2M on the Table with LUCE appeared first on Coinpedia Fintech News

As the bull market begins, the growing fear of missing out appears in the memecoin sector. Recently, a meme coin creator launched a token, LUCE, by spending a mere 2 SOL to buy 67.06 million tokens. The creator sold all his holdings for a mere 0.73 SOL worth $130. The same tokens are now worth more than $2 million. The creator has been known to pump and dump meme tokens for fun and minor profits on pump.fun. He made two more tokens after his creation, pocketing 23 Sol or $4.1k. Currently, the market cap of LUCE is more than $30 million.