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Trader Turns $137 Into $176,000 With SORA Token; Here’s HowAn unidentified cryptocurrency trader managed to turn $137 into over $176,000 by trading the SORA token. At the current exchange rate.According to the cryptocurrency transaction tracker Lookonchain on its X account (formerly Twitter), the trader achieved a total gain of 1,280 times.The investor reportedly spent a total of 0.049 ETH, or $137, to purchase 16 million SORA tokens. They then sold 12.36 million tokens for a total of 36.57 ETH, equivalent to $102,492.Thus, with the remaining 3.64 million SORA tokens worth $74,000, the trader made a total profit of approximately $176,000.Trader Profits 1,280 Times Investing in SORA TokenThe SORA token, launched shortly after OpenAI's announcement of the innovative Sora model, a sophisticated text-to-video generator capable of producing realistic visual content based on textual prompts, saw an increase in interest and value.Despite being launched after OpenAI's announcement about Artificial Intelligence, the SORA token is not affiliated with the development team. It is not an underlying asset of the AI project.The recent release of OpenAI's Sora model catalyzed a resurgence of interest in AI-related tokens. Following the launch, several AI tokens appreciated in value. The LPT token from the Livepeer project, a decentralized video streaming protocol, surged by 60% after the release. AGIX, the token powering the blockchain-based Artificial Intelligence platform SingularityNET, saw a 30% increase. The trading volumes of these tokens also spiked, stirring excitement in the community.Always do your own research!!#CryptoNews #crypto2024

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