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Yield Farmer Turns $9k to $9,853,086 in 2 Days: Here’s How

Published 12/24/2023, 07:03 PM
Updated 12/24/2023, 07:15 PM
Yield Farmer Turns $9k to $9,853,086 in 2 Days: Here’s How
OMG/USD
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  • A yield farmer has skilfully turned a modest $9,414 sum into a $9,853,086 portfolio.
  • He attained the feat by trading the new OmniCat (OMNI) meme token.
  • Meanwhile, the yield farmer has come under allegations of market manipulation.

A yield farmer has captured widespread attention in the crypto community for adeptly turning a modest $9,414 sum into an impressive return on investment (ROI) of 104,564%. Prominent crypto on-chain resource Lookonchain recently posted details about how the yield farmer attained the feat through trading the new OmniCat (OMNI) meme token.

Per Lookonchain’s disclosure, the yield farmer deployed 4 Ethereum tokens, worth $9,414 at the time of the transaction, to acquire 4,454,378,989 OMNI tokens. The trader orchestrated the substantial token acquisition via at least nine transactions.

The on-chain investigator disclosed that the trader amassed OMNI with four Ethereum addresses and five addresses on the Arbitrum network. He added that the trader bought OMNI via other blockchain network chains such as BNB Chain, Base, and Solana.

Notably, each transaction the yield f…

The post Yield Farmer Turns $9k to $9,853,086 in 2 Days: Here’s How appeared first on Coin Edition.

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