According to Lookonchain, a trader bought 45 million LAUNCHCOIN near its peak for approximately $828,000 three months ago. When LAUNCHCOIN's price crashed over 90%, the trader sold all holdings for just $29,000, realizing an $800,000 loss. However, had the trader held, the same 45 million LAUNCHCOIN would now be worth $8.2 million, reflecting a potential $7.3 million gain. This incident highlights the risks of panic selling and underscores the importance of patience and timing in crypto trading, relevant for those tracking high-volatility altcoins and meme tokens (Source: Lookonchain, May 13, 2025).