{"id":10451,"date":"2024-02-06T10:34:38","date_gmt":"2024-02-06T08:34:38","guid":{"rendered":"https:\/\/forklog.com\/en\/trader-profits-1-2-million-from-pandora-token-surge\/"},"modified":"2024-02-06T10:34:38","modified_gmt":"2024-02-06T08:34:38","slug":"trader-profits-1-2-million-from-pandora-token-surge","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trader-profits-1-2-million-from-pandora-token-surge\/","title":{"rendered":"Trader Profits $1.2 Million from Pandora Token Surge"},"content":{"rendered":"<p>The substantial rise in the price of the new Pandora token earned a trader approximately $1.2 million in two days, as noted by analysts at Lookonchain.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The price of <a href=\"https:\/\/twitter.com\/hashtag\/Pandora?src=hash&#038;ref_src=twsrc%5Etfw\">#Pandora<\/a>, the first token built on the <a href=\"https:\/\/twitter.com\/hashtag\/ERC404?src=hash&#038;ref_src=twsrc%5Etfw\">#ERC404<\/a> token standard, has now risen to over $8,600.<\/p>\n<p>A trader has made a total profit of ~$1.2M on <a href=\"https:\/\/twitter.com\/hashtag\/Pandora?src=hash&#038;ref_src=twsrc%5Etfw\">#Pandora<\/a> in just 2 days!<\/p>\n<p>The trader spent 97,484 <a href=\"https:\/\/twitter.com\/search?q=%24USDT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDT<\/a> to buy 154 <a href=\"https:\/\/twitter.com\/hashtag\/Pandora?src=hash&#038;ref_src=twsrc%5Etfw\">#Pandora<\/a> at $633 2 days ago and sold 25 <a href=\"https:\/\/twitter.com\/hashtag\/Pandora?src=hash&#038;ref_src=twsrc%5Etfw\">#Pandora<\/a> for 188,695\u2026 <a href=\"https:\/\/t.co\/407fCIlcx1\">pic.twitter.com\/407fCIlcx1<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1754752510806589667?ref_src=twsrc%5Etfw\">February 6, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On February 4, the user purchased 154 Pandora for 97,484 USDT at a price of $633 per coin. After the token reached $7548 a few hours ago, they sold 25 Pandora for 188,695 USDT, gaining a profit of 91,211 USDT.<\/p>\n<p>Currently, the trader holds 129 Pandora valued at $1.1 million.<\/p>\n<p>At the time of writing, the coin&#8217;s price stands at $7300, with a daily increase of approximately 300%, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/pandora\">CoinGecko<\/a>.<\/p>\n<p>Pandora is the first token issued on the experimental ERC-404 standard. It represents a hybrid implementation of ERC-20\/ERC-721 with its own liquidity and fractionalization.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/<\/p>\n<p>Pandora is the first token built on the ERC404 token standard, an experimental token standard that we have open sourced for creators and developers alike.<\/p>\n<p>But what is an &#8220;ERC404&#8221;?<\/p>\n<p>\u2014 Pandora (@Pandora_ERC404) <a href=\"https:\/\/twitter.com\/Pandora_ERC404\/status\/1753380695823503691?ref_src=twsrc%5Etfw\">February 2, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The standard has yet to undergo a full external audit. Its code is available on <a href=\"https:\/\/github.com\/0xacme\/ERC404\">GitHub<\/a>.<\/p>\n<p>Previously, 12 traders made millions from the surge of the meme token dogwifhat on the Ethereum network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The substantial rise in the price of the new Pandora token earned a trader approximately $1.2 million in two days, as noted by analysts at Lookonchain. The price of #Pandora, the first token built on the #ERC404 token standard, has now risen to over $8,600. A trader has made a total profit of ~$1.2M on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1267,596],"class_list":["post-10451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-trading","tag-tokens"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=10451"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/10450"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=10451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=10451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=10451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}