JINQIAN hourly market cap reaches $70M, address earns $178,600 with 10x return

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JINQIAN's market cap surged to $70 million in one hour, with an ETH market update showing strong performance. A single address purchased 6.28 million JINQIAN tokens for 8 ETH ($19,000) and sold them for 82.54 ETH ($198,000), earning a profit of 74.54 ETH ($178,600). The ETH price remained stable during the trade, supporting the rapid gains.

Odaily Planet Daily reports, according to Lookonchain monitoring, JINQIAN reached a market cap of $70 million within just one hour of its launch. One address purchased 6.28 million JINQIAN tokens in a single transaction for 8 ETH ($19,000), then sold them for 82.54 ETH ($198,000), earning a profit of 74.54 ETH ($178,600)—a 10x return.

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