On March 15, according to monitoring from Lookonchain, an automated trader was found to have bought Token YZY after Kanye West reposted a tweet, ultimately losing $465,600 in just 1 hour. This trader also paid 75 SOL (about $10,000) to JitoTip to prioritize their trading interests.
This action demonstrates the inherent risks of chasing trends on social media, especially when cryptocurrency transactions occur too quickly and lack thorough analysis.
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