According to PANews on May 3, according to Lookonchain monitoring, a trader invested in POPE and lost $111,000 in less than 5 minutes. Due to FOMO, he spent 200,000 USDC to buy POPE. As a result, the price fell sharply after the transaction. In a panic, he chose to sell it and only received $89,000, losing $111,000 in a few minutes.