The creator of Libra (Libra) token has launched another meme, such as the onchain pattern, which points out important internal rich trading activities before the collapse of 99% of Coin.
Hayden Davis, co -producer of the official Melania Meme (Melania) and co -producer of Libra Token, has launched a new Solana -based notes with over 80%of the rich supply.
Davis started his token by launching a bank on the rumors of Jordan Belief, known as Wolf of Wall Street, on March 8th.
According to the X Post on March 15, the token reached a market cap of $ 44 million, but 82%of the Wolf Token supply was written as follows.
“The bubble map revealed something strange. $ WOLF had the same pattern as $ HOOD, the token that had started by Hayden Davis. Was he behind this too? ”
source: Bubble Lab
The Blockchain Analysis Platform has disclosed the transmission to 17 different addresses to take care of Davis’s ‘Oxceae’ address.
Bubblemaps said, “He spent money on this wallet a few months before Libra and $ WOLF fired, and moved money through 17 addresses and two chains.
source: Bubble Lab
WOLF Memecoin lost more than 99% of value within two days, from $ 42.9 million in a market cap at $ 42.9 million at UTC at 4 am on March 8, at $ 42.9 million in the prestation time.
Wolf/Sol, market cap, 1 hour chart. source: Dex screen
A few weeks after the collapse of the Libra to the Libra, eight rich wallets cashed $ 115 million in liquidity, recording a $ 4 billion market cap in several hours.
Libra token was in danger of impeachment after Argentine President Javier Milei supported the Libra coin.
Argentine’s lawyer Gregorio Dalbon has requested Davis to publish an interpol red notice for Davis, which quotes “procedural risks” because Davis can access the vast amounts of money that can run away or hide the United States.
relevant: Milei-endorsed libra token was an ‘open secret’ at Memecoin Circles.
Memecoins is changing to “retail value extraction tools”.
According to ANASTASIJA Plotnikova, co -founder and CEO of Blockchain Regulatory FIDEUM, memo coins are increasingly used to abuse retail investors in opposition to the basic distributed spirit of encryption.
Plotnikova told Cointelegraph, “Memecoins has developed into a chaotic environment dominated by community -centered social experiments to the extract of values of retail investors.
“Inner rich rings, pump and dump systems, and sniper groups replace organic and collected characteristics of original memoin, creating a healthy stadium.”
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Investors also need to distinguish between the memo that can be seen as a true “collection” and “obvious fraudulent activities,” such as the “rug” as a “rug” as a “not only” not only “non -ethical but also to support execution.”
“In my opinion, these activities will fall firmly within the jurisdiction of the law enforcement agency,” she added.
US regulators recognize more and more memes.
On March 6, COINTELELEGRAPH reported on March 6 that a lawmaker in New York had introduced a bill to prevent cryptocurrency fraud and to specifically punish investors to protect investors.
According to this proposal, a new criminal charges for crimes related to “virtual token fraud” will be explicitly related to cryptocurrencies.
https://www.youtube.com/watch?v=tvmmmj6rrR4SO
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