An unnamed investor managed to transform an investment of approximately $26,700 into a staggering $22 million return through trading the SatoshiVM token. Recent trends indicate that SatoshiVM has experienced a considerable drop of 247%, which now places its price around $2,000. The crypto community has been abuzz with SatoshiVM’s (SAVM) dramatic surge and subsequent plunge. Originating on the Ethereum platform, this token saw an investor capitalize on the initial excitement by quickly turning an investment of about $2,503,225 into a massive $28.65 million gain within just three hours after the token became available. The investor smartly leveraged the anticipation of the new Layer 2100 network associated with the Bitcoin blockchain. By utilizing the Banana Gun sniping tool, they strategically invested 141.66 ETH, or around $140,000, getting an early and advantageous foothold in the initial offering of the token. The Banana Gun bot, introduced in July 2023, enables users to swiftly purchase tokens during presales and conduct cryptocurrency trades. Using the Banana Gun trading bot, the investor spent approximately $681,000 to obtain 8.653 million SAVM tokens in exchange for 277.66 ETH. The considered wager paid off remarkably well, with the token’s value skyrocketing by an astonishing 99% just three hours after its debut. Within that brief period, the SAVM tokens in the trader’s possession increased in worth to over $6.77 million. Taking advantage of the situation, the merchant quickly unloaded all of their 2.16 million SAVM tokens, raking in $4.38 million, and in an unexpected turn of events, ended up making a profit of over $6.7 million in just one day. SatoshiVM, a decentralized layer-2 Bitcoin Zero-Knowledge Rollup that is interoperable with the Ethereum Virtual Machine (EVM) infrastructure, employs the original Bitcoin (BTC) as its transaction fee currency. This technology effortlessly connects the EVM (Ethereum Virtual Machine) to Bitcoin, enabling the Bitcoin network to develop assets and applications. The platform accommodates smart contracts written in multiple programming languages, including Solidity, Rust, and C++. The value of the SAVM token surged quickly from the price set during its initial decentralized exchange offering, a rise that was greatly driven by endorsements from prominent personalities who command large audiences on social media platforms. Out of the 47,000 individuals registered and looking forward to the Initial DEX Offering (IDO), just a small portion were able to partake. The token’s value soared to a maximum of $14.8, yielding a staggering 250-fold increase on the initial investment for those who got in early. Nevertheless, the value adjusted to $8.65, resulting in a market capitalization falling under $100 million. Additionally, there is speculation regarding SatoshiVM organizing a giveaway of $SAVM tokens, although no such event is currently happening.