![]() ![]() The student said that Coinbase told him they would look into it. So he got in touch with the company to know what happened. However, a different price showed up when he tried to shift the funds outside the Coinbase app. He told Fox 5 that “and I’m just like, ‘Naw, I’m sleeping.’” How He Reacted to the NewsĪfter the initial shock, Williamson rushed to open his Coinbase cryptocurrency app. When he saw how well he was doing, he thought he was dreaming. According to Williamson, he woke up at around 9 AM the following day to check how his crypto portfolio was doing. His $20 investment grew to over $1.4 trillion. Williamson, a student at the Georgia nursing school, had been investing in cryptocurrency via Coinbase. Before his investment turned into a trillion, Chris Williamson had dabbled in the crypto market for around eight months. However, that is exactly what ended up happening. While his newfound wealth was only temporary, it was still quite interesting how it happened.Ĭhris Williamson had no dreams of ever becoming a trillionaire when he invested $20 in the Rocket Bunny cryptocurrency. “The ongoing joke right now between me and like my friends in Coinbase and one of the emails I sent them was like: ‘Look, I need y'all to let me know what's going on because I got a mega-yacht company ready to build me a penguin-shaped yacht’,” Williamson said.A man invests $20 in obscure crypto currency and becomes an overnight trillionaire was one of the most interesting news stories of 2021 by NewsWeek. Williamson’s story has captured the cryptocurrency world with many urging Coinbase to rectify its mistake, while other prodding him to make sure he gets some sort of relief for his emotional and financial troubles. The attention drawn to Williamson’s story has boosted RocketBunnny’s coin as the cryptocurrency surged over 9 per cent on Wednesday. E6LwufAVUo- Christopher Williamson June 21, 2021 Also, I wanted to clarify that the user's account was never locked and he never lost access to the account,” a representative of Coinbase was quoted by Dailymail.ĭay 6: - I never understood Otis Campbell until y’all came into my life. ![]() “Support responded to the user on June 18. Williamson updated on twitter on Monday that the value of his account was still going up, but he could not cash out as it had been frozen by Coinbase. Despite numerous pleas to both Coinbase and RocketBunny, the problem of a $1 trillion balance in his trading account could not be sorted out till the time of publication. Williamson’s harrowing experience did not end soon. Yes, that’s 12 decimal points after the zero! The value of the cryptocurrency has nosedived 76 per cent over the past 22 days, making the possibility of Williamson becoming a trillionaire because of the cryptocurrency a near impossibility. The cryptocurrency was last quoting a price of $0.000000000036. As volume increases, the amount burned increases logarithmically, eventually leading to an exponential decrease in supply.” This is how RocketBunny describes its currency: “Each transaction incurs a 4% tax that is distributed in four equal parts: 1% to holders, 1% burned to The Rabbit's Hole, 1% locked liquidity, and 1% as a bonus to liquidity providers. The concept of the cryptocurrency is unique to bigger and more popular peers like Bitcoin and Ethereum. RocketBunny is a recent entrant in the world of cryptocurrency promising to be a deflationary token with a maximum supply of 777 quadrillion. ![]()
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