Backstory to my original thread: https://hackforums.net/showthread.php?tid=6266155
So it appears like some people leaked the truth about this shitcoin that went to $850M market cap in under a month after launch.
People traced the wallets and found out that about 200 wallets were whitelisted on launch, buying almost everything in the first 1 hour of launch, before the public sale started. So now over 82% of supply is being held by insiders, including that kid who "bought a brand new memecoin 2 days after it was created for $15,000 USD". That sentence is a giant redflag in itself.
Full expose of insider trading: https://twitter.com/shady_oak1/status/17...0580741250
So it appears like some people leaked the truth about this shitcoin that went to $850M market cap in under a month after launch.
People traced the wallets and found out that about 200 wallets were whitelisted on launch, buying almost everything in the first 1 hour of launch, before the public sale started. So now over 82% of supply is being held by insiders, including that kid who "bought a brand new memecoin 2 days after it was created for $15,000 USD". That sentence is a giant redflag in itself.
Full expose of insider trading: https://twitter.com/shady_oak1/status/17...0580741250



