{"id":10533,"date":"2024-02-08T13:50:36","date_gmt":"2024-02-08T11:50:36","guid":{"rendered":"https:\/\/forklog.com\/en\/investor-gains-over-166000-in-two-days-with-defrogs-token\/"},"modified":"2024-02-08T13:50:36","modified_gmt":"2024-02-08T11:50:36","slug":"investor-gains-over-166000-in-two-days-with-defrogs-token","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/investor-gains-over-166000-in-two-days-with-defrogs-token\/","title":{"rendered":"Investor Gains Over $166,000 in Two Days with DeFrogs Token"},"content":{"rendered":"<p>An investor managed to earn over $166,000 in just two days by spending 0.258 ETH ($613) on the DeFrogs token, as noted by analysts at Lookonchain.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In just 2 days, this trader made $166K with only 0.26 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($613)!<\/p>\n<p>This trader spent only 0.08 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($190) to buy 100 <a href=\"https:\/\/twitter.com\/hashtag\/DEFROGS?src=hash&#038;ref_src=twsrc%5Etfw\">#DEFROGS<\/a> using a high gas of 0.178 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($423), then sold 60 <a href=\"https:\/\/twitter.com\/hashtag\/DEFROGS?src=hash&#038;ref_src=twsrc%5Etfw\">#DEFROGS<\/a> for 27.8 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> ($67K).<\/p>\n<p>He currently has 40 <a href=\"https:\/\/twitter.com\/hashtag\/DEFROGS?src=hash&#038;ref_src=twsrc%5Etfw\">#DEFROGS<\/a>($100K) left, the total profit is ~166K! <a href=\"https:\/\/t.co\/g0VtlKoKGM\">pic.twitter.com\/g0VtlKoKGM<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1755473148978622717?ref_src=twsrc%5Etfw\">February 8, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The trader <a href=\"https:\/\/etherscan.io\/tx\/0x45d98b28d2150157dc316c2052347ddfff72436ac78d0fad6c2f534cf1db8f74\">paid<\/a> 0.08 ETH ($190) for 100 DEFROGS. The transaction fee amounted to 0.178 ETH ($423). After a few days, during which the token&#8217;s price surged, he sold 60 DEFROGS for 27.8 ETH ($67,000).<\/p>\n<p>Currently, the user&#8217;s wallet holds 40 DEFROGS.<\/p>\n<p>The current price of the coin is $3100, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/defrogs\">CoinGecko<\/a>.<\/p>\n<p>DeFrogs is one of <a href=\"https:\/\/www.coingecko.com\/en\/categories\/erc-404\">eight coins<\/a> issued under the experimental ERC-404 standard. This is a hybrid implementation of ERC-20\/ERC-721, where purchasing the coin also automatically adds an NFT to the wallet.<\/p>\n<p>Earlier, ForkLog reported a significant price increase of another ERC-404 token, Pandora. At the time of writing, it is trading <a href=\"https:\/\/www.coingecko.com\/ru\/%D0%9A%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D1%8B\/pandora\">at $26,800<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An investor managed to earn over $166,000 in just two days by spending 0.258 ETH ($613) on the DeFrogs token, as noted by analysts at Lookonchain. In just 2 days, this trader made $166K with only 0.26 $ETH($613)! This trader spent only 0.08 $ETH($190) to buy 100 #DEFROGS using a high gas of 0.178 $ETH($423), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10532,"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":[1267,436],"class_list":["post-10533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-trading","tag-trading"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10533","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=10533"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/10532"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=10533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=10533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=10533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}