A cryptocurrency trader made a significant mistake after purchasing 46.5 million tokens of the rapidly gaining AI-related cryptocurrency AGiXT for $1,756. This investment, worth less than $1,800, was made when the token was on the token launch platform Pump.fun.
According to data shared by the on-chain analysis account Lookonchain on the microblogging platform X (formerly known as Twitter), the trader sold their AGiXT tokens for $6,284, resulting in a significant gain.
If the trader had held onto their investment, however, they could have turned their $1,756 into over $4.4 million, as the value of AGiXT has since surged.
https://twitter.com/lookonchain/status/1880138422339399870
AGiXT is a utility token associated with an AI agent automation platform launched recently, which quickly gained attention within the cryptocurrency community and saw its market capitalization surge.
The AGiXT token serves several crucial functions within its ecosystem. Firstly, it facilitates payments on the AGiXT platform. Secondly, it incentivizes contributions and governance participation. Thirdly, it grants access to privileged functionalities.
The token is built on the Solana network and has a total supply of 1,000,000,000. AGiXT itself is an open-source AI automation platform that enables users to make natural language requests to AI tools and receive actionable results.
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