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RefundCoin (RFD) Yields $688K Profit by Selling 20.7B Tokens

source-logo  thenewscrypto.com 22 May 2023 22:01, UTC
  • An unknown profited around $688K by trading RFD with ETH on exchange.
  • RefundCoin marks a 355.94% increase in price over 24 hours.

As soon as the launch, the altcoin named RFD surged at a higher rate than expected with a 355.94% increase overall. This remarks an all-time high (ATH) of the same altcoin so far.

According to CoinMarketCap, the RefundCoin (RFD) is getting traded at $0.0000842 over a $76,911,802 trading volume in the last 24 hours. Concerning the popularity of RFD, investors started investing in this altcoin.

RFD Trading

One of the customers sold 55 Ethereum (ETH) which is worth 100K dollars yesterday to trade RFD. Moreover, the count of RFD that he bought accounts for 20.7 billion. When he noticed that the RFD is traded at its peak, he sold all of them for 435 ETH today gaining 788K dollars.

This guy made 380 $ETH ($688K) in less than 2 days!

He spent 55 $ETH ($100K) to buy 20.7B $RFD yesterday and sold all $RFD for 435 $ETH ($788K) today.

The profit is 380$ETH ($688K), a gain of 7x.https://t.co/RfPhH8hMPh pic.twitter.com/8lA5jnqQqP

— Lookonchain (@lookonchain) May 22, 2023

The reports are obtained from the Lookonchain where the transaction happened over Uniswap V3 with varied ETH gas fees. Overall, the gained percentage of his trading within 2 days remarks 7 times more than he spent. Hence, the profit of 380 ETH worth $688K dollars is extraordinary.

Nevertheless, the value of one RefundCoin equals 0.000081 USD as per the current market price. The users can purchase RFD on cryptocurrency exchanges like Bitget, BingX, BitMart, and others. It is expected that the major crypto exchanges might list RefundCoin sooner or later.

thenewscrypto.com