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- An unidentified individual gained approximately $688K by trading RFD with ETH on the exchange.
- RefundCoin has experienced a 355.94% rise in price within a 24-hour period.
Immediately following its launch, the altcoin known as RFD experienced a surge that exceeded expectations, achieving a total increase of 355.94%. This marks the highest price point (ATH) for this altcoin to date.
RFD Price Chart (Source: CoinMarketCap)
As reported by CoinMarketCap, RefundCoin (RFD) is currently trading at $0.0000842, with a trading volume of $76,911,802 over the past 24 hours. Due to the rising interest in RFD, investors have begun to allocate funds into this altcoin.
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RFD Trading
One trader sold 55 Ethereum (ETH), valued at $100K yesterday, to acquire RFD. The amount of RFD purchased totaled 20.7 billion. Upon noticing that RFD had reached its peak trading price, he sold all of his holdings for 435 ETH today, resulting in a profit of $788K.
This individual earned 380 $ETH ($688K) in under 2 days!
He invested 55 $ETH ($100K) to buy 20.7B $RFD yesterday and liquidated all $RFD for 435 $ETH ($788K) today.
The profit amounts to 380 $ETH ($688K), reflecting a 7x return. https://t.co/RfPhH8hMPh pic.twitter.com/8lA5jnqQqP— Lookonchain (@lookonchain) May 22, 2023
The information is sourced from Lookonchain, where the transaction was executed on Uniswap V3 with varying ETH gas fees. Overall, the profit percentage from his trading activities over 2 days indicates a return that is seven times greater than his initial investment. Thus, the profit of 380 ETH, valued at $688K, is remarkable.
Currently, the price of one RefundCoin stands at 0.000081 USD according to the latest market data. Users can acquire RFD on cryptocurrency exchanges such as Bitget, BingX, BitMart, and others. It is anticipated that major cryptocurrency exchanges may list RefundCoin in the near future.
