An anonymous trader flipped a tiny $304 investment into a whopping $482,000 in just 24 hours by trading the Bubb (BUBB) memecoin. This dazzling 1,500x return occurred swiftly before the token plummeted by 50% in value.
Allegations of insider trading are brewing after this fortune was made, much like recent memecoin fiascos, including Hayden Davies’ ill-fated launch inspired by the film "Wolf of Wall Street".
These financial capers highlight the need for stricter market regulations to protect investors from potential manipulation on crypto exchanges worldwide.