A trader experienced a significant 41.8% loss after purchasing the token 2Z at $0.93, followed by a swift price drop within 50 minutes.
A trader purchased $499,000 worth of 2Z at $0.93 but faced a 41.8% loss as the token's price dropped sharply within 50 minutes. The position was exited before an on-chain report was published, realizing a $209,000 loss. This loss demonstrated the volatile nature of the new token.