A trader turned approximately $9,600 into $282,000 in under five hours on August 16 by purchasing MARSCOIN tokens one second after CZ burned tokens on the BNB Chain. The operator spent roughly $9.90 in gas fees to outpace other market participants and recovered their initial investment within minutes by selling half their position. CZ stated he burned these tokens to clean up his Trust Wallet address, which had been flooded with meme coins sent by users, and announced he would stop using that address. Another trader lost approximately $110,000 by buying 6.15 million MARSCOIN tokens with $133,000 in USDT right after the burn, only to recover $22,400 when the token dropped over 90 percent.
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