Trader 0xacbf loses $110,700 on MARSCOIN FOMO trade in two hours

Trader 0xacbf lost $110,700 in two hours after making a FOMO (fear of missing out) purchase of MARSCOIN, according to PANews, citing Lookonchain. The wallet bought 6.15 million MARSCOIN for 133,000 USDT after CZ burned 4,444 MARSCOIN, but the token later dropped more than 90% after CZ said he would stop using public addresses (wallet identifiers visible on-chain) to avoid the community over-interpreting his actions. The trader then sold the full 6.15 million MARSCOIN for 22,400 USDT.

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