A Cryptocurrency Trader’s Perfect Timing Investment in Hive AI (BUZZ) Has Seen Their Initial Bet Record a 75-Fold Growth

The trade, executed on the decentralized exchange (DEX) on Solana (SOL) Raydium, involved the BUZZ/SOL trading pair and utilized the high-risk strategy of sniping

A cryptocurrency trader's impeccable timing in an investment on Hive AI (BUZZ) has seen their initial bet multiply 75-fold as the token gained steam, largely driven by community initiatives.

The trade, executed on the decentralized exchange (DEX) on Solana (SOL) Raydium, involved the BUZZ/SOL trading pair and employed the high-risk strategy of sniping, according to data shared by on-chain cryptocurrency analysis platform Lookonchain in an X post on January 3.

Specifically, the trader acquired 268.12 million BUZZ tokens, making up 26.8% of the token's liquidity pool, shortly after its launch. To secure priority on the Solana blockchain, they paid a transaction fee of 49 SOL (around $10,000) to ensure their transaction was processed ahead of other buyers.

Within eight minutes, the trader sold all their BUZZ tokens for 6,090 SOL, netting a total profit of 6,008 SOL (about $1.25 million).

While the trade could be attributed to sheer luck or perfect timing, certain aspects of the transaction could raise concerns regarding the use of insider information.

For instance, the trader's ability to secure 26.8% of the token's liquidity at launch might indicate advanced knowledge of the timing and pool structure of the launch.

The unusually high transaction fee of 49 SOL suggests confidence in the token's rapid appreciation, which could potentially indicate privileged information. Additionally, the swift exit just eight minutes after purchase, ahead of any corrections, raises further concerns.

BUZZ was launched on the Solana blockchain with the aim of making decentralized finance (DeFi) more accessible and understandable through interoperable AI agents.

Since the platform's launch in late December 2024, the cryptocurrency has generated a buzz within its online community, with the founder highlighting sustained efforts to improve the ecosystem through new developments.

For instance, in an X post on January 3, Hive AI announced an upcoming upgrade that will allow users to create autonomous on-chain agents with natural language prompts.

Under these upgrades, the system will select tools, models, and runtime, then deploy a scheduler to execute tasks seamlessly, aiming to bring automation on-chain.

Meanwhile, the project has also faced criticism for harboring features of a scam, considering its rapid growth. For instance, one X user described the project as a possible “LARP” (Live Action Role Play), a term used to describe projects with exaggerated or false claims or scams.

Haha $BUZZ Hive AI is full larp. You guys pumping it to millions without brain. It's just using random generated data for sentiment etc. Its a full larp platform. Have fun getting farmed. You will never learn.9DHe3pycTuymFk4H4bbPoAJ4hQrr2kaLDF6J6aAKpump pic.twitter.com/TswhGj3sUB

BUZZ onchain outlook

A review of BUZZ on-chain data shows that the token currently has a market capitalization of $55.14 million, with the number of holders at nearly 19,000, at a valuation of $0.05515.

BUZZ joins a growing list of new cryptocurrencies that have seen early investors reap massive gains. These gains have largely stemmed from meme coins capitalizing on social events to reward early investors.