BlockBeats reported that on October 18, according to Lookonchain monitoring, a Smart Money earned more than $550,000 by minting Daram and Frogs for free in just 6 days.
It minted 4.59 billion Darams through 918 wallets, consuming about $10,000 in gas fees, and minted 8.8 trillion Frogs through 880 wallets, consuming about $7,000 in gas fees.
Subsequently, it sold all 8.8 trillion Frogs in exchange for 26.56 ETH (about 69,000 US dollars), and sold 3.23 billion Daram in exchange for 69 ETH (about 180,000 US dollars), still holding 1.36 billion Daram (about 319,000 US dollars).