A FOMO Trader Loses $111,000 Investing in POPE in Less Than 5 Minutes

According to a report by Jinse Finance, monitored by Lookonchain, a trader lost $111,000 in less than 5 minutes by investing in POPE. Due to FOMO, he spent 200,000 USDC to purchase POPE, but the price plummeted after the transaction. In a panic, he chose to sell, receiving only $89,000, resulting in a loss of $111,000 within minutes.