Niu Lai Developer Missed Out on $49M Market Cap Windfall
Niu Lai (牛来), a token that reached a peak market capitalization of $49 million, seems to be a case study in missed opportunities. According to blockchain analytics platform Lookonchain, its developer did not profit from selling Niu Lai tokens themselves.
The same developer created three other tokens, each generating a combined profit of $25,300. These tokens were $绊倒体, $牛来了, and Moo. The absence of profits from Niu Lai stands out compared to the small gains from these subsequent projects.