SNEAK PEEK
- Exnetwork Capital, a blockchain investment firm, made strategic moves in the crypto market by acquiring many Milady (LADYS) tokens.
- They purchased 775 billion LADYS tokens for 50,000 USDC, followed by an additional investment of 10,000 USDC to buy 327 billion LADYS tokens.
- Exnetwork Capital sold its LADYS holdings for 34,651 USDC, resulting in a profit of $24,651.
Exnetwork Capital, a prominent blockchain investment firm, recently made strategic moves in the crypto market, showcasing its ability to capitalize on emerging opportunities.
In a surprising development, the company spent a substantial sum of 50,000 USD Coin (USDC) to acquire an impressive 775 billion units of the cryptocurrency Milady (LADYS) at a price of $0.00000006454 per token. This purchase occurred 30 minutes ago, indicating Exnetwork Capital’s swift decision-making and willingness to seize favorable market conditions.
Exnetwork Capital continued to display its agility in the market. Just two hours after a tweet from renowned entrepreneur and Tesla CEO Elon Musk, the company invested an additional 10,000 USDC to purchase 327 billion units of LADYS.
Exnetwork Capital(@exnetworkcap) spent 50K $USDC to buy 775B $LADYS at a price of $0.00000006454 30 mins ago.
Exnetwork Capital spent 10K $USDC to buy 327B $LADYS 2 hrs after @elonmusk tweeted, and then sold for 34,651 $USDC, making a profit of $24,651.https://t.co/ivO5Kz8RUW pic.twitter.com/fxQkjYuNkk
— Lookonchain (@lookonchain) May 22, 2023
This move proved highly profitable, as Exnetwork Capital sold its holdings for 34,651 USDC. This successful transaction resulted in a remarkable profit of $24,651 for the company.
This follows after DWF Labs emerged as the largest holder of LADY tokens, solidifying its position in the crypto market. The Web3 investment company invested strategically in LADYS, acquiring a staggering $1.9 trillion worth of LADYS tokens with approximately 108 ETH. This significant purchase showcases DWF Labs’ strong commitment to cryptocurrency and highlights their confidence in its potential for growth.
Amid the positive growth observed in the Milady token within the cryptocurrency space, it is essential to acknowledge that not all developments have been favorable. For example, recent reports from renowned on-chain sleuth ZachXBT have shed light on a scam surrounding the LADYS token.
According to ZachXBT, an account orchestrated a fraudulent scheme, deceiving investors and successfully defrauding them out of 63 ETH, equivalent to approximately $116,000.
