news 
A Savvy Trader Turns $6 Into $87,000 Trading Newly Launched PENGU Token
In a shocking turn of events, a shrewd trader has managed to transform a paltry $6 investment into an astonishing $87,000 profit by trading the newly launched PENGU token.
According to reports, the trader had acquired the initial $6 worth of PENGU tokens ahead of the main liquidity pools launching on Solana. With calculated precision, they added the tokens to Raydium, pairing them with a substantial amount of SOL ($1,100) to create their liquidity pool.
The plan seemed to have worked like a charm as numerous users attempting to snipe the launch swapped into their pool at unfavorable prices, allowing the trader to reap an impressive profit.
Source: coinpedia.org
