Bar stool sports founder Dave Portnoy launched his own token via Pump“Robust”, then relaunched a token immediately – which has already sang 97% of its top of all time. It has been less than two weeks since he entered the currency trenches for the first time, during which he said that if he launched his own room, he would not type investors.
When Portnoy started buying coins, he publicly claimed his wallet, saying it was “Do not try to be shaded. “Consequently, Crypto Degens followed closely and examined each chain movement that the founder of the sports media did. This included Portnoy purchasing tokens, Publish about them on xand then throw them away.
“If I throw my own piece, put my name on it. Believe me, I will make sure I don’t get fucked, I’m not going to pull the carpet, I’m not going to empty. I’m not going to do this shit, “Portnoy said Less than two weeks ago, in response to a public examination. “These are other pieces that are already there.”
Now it seems that he has launched his own piece, but not with his name, and threw him on investors.
Tuesday, Portnoy launched GREED With a photo of the character of Michael Douglas, Gordon Gekko, films of Wall Street – for a famous for a monologue Affirm that “greed is good”. The token quickly skyrocketed a market capitalization of $ 41.5 million, a particularly impressive step given the current market conditions. Along the way, he bought $ 4,200 value of the token. Then, once the token had dropped to around 20 million dollars, it added a $ 1,670 additional to his bag.
“Do you know who doesn’t throw yourself?” Me, ”said Portnoy on X spaces. “I could have won $ 1 million in greed in 30 seconds. Do you know what I tried to do? I tried to burn the fucking supply. But I have too many coins in my thing that he continued to design. »»
Half an hour later, Portnoy dropped each cupidity token that he had in a single transaction. The estimated price of tokens at the time, according to Soilwas $ 270,000. He instantly exchanged in JAILSTOOL – a token he had previously approved.
In response, greed has dropped 99% in just four seconds from a market capitalization of $ 12.88 million to $ 123,950, which is going to a dam of “carpet“” allegations.
“I’m not going anywhere, I think that like this space.” Said Portnoy at the end of his X spaces, before throwing his token. “I think I can even launch some pieces a day, just for the show. I could launch Greed2 in five seconds. “”
About 10 minutes after sold all his bag of greed, he did exactly that. Cupidity 2However, was much less successful. He reached a market capitalization of $ 7 million before dropping 90% slowly over the next five hours. It should be noted that the Portnoy Doxxed portfolio did not sell All greed2.
In the middle of chaos, the original greed joined $ 16.75 million before falling to $ 4.88 million. It seems that Portnoy began to fear missing, because greed2 was based on low capitalization less than the time, so he bought greed with greed with greed $ 12,270. Only 30 minutes have passed before selling your bag again to About $ 14,150.
It comes in the middle of what crypto call “crime season. “Since Donald Trump launched a Solana coin a few days before its inauguration, The merchants said That the number of dubious crypto launches has skyrocketed.
More recently, Hayden Davis—The CEO of Keler and one of the Creators of the controversial balance token promoted by President of Argentina Javier Milei“Has said that the initiate’s offense has mounted in the same currency space. He said he was common for the sniper teams their own tokens and admitted that it was on projects on which he worked.
Portnoy also received $ 5 million Refund for his losses On Balance via Davis.
After the disastrous launch of the balance, which led to President Milei be in a hurry Fraud accusationsDavis also said it was directly involved in the Melania Trump token. Analytical company Bubblemaps confirmed That the launch teams behind Balania and Melania are indeed linked via data on the chain.
Despite this, according to the prediction market Myriad– which is the property of DecipherParent company of Dastan– It is only 15% chance that Davis was arrested by the end of the week. Adding to the theory that during the riot season, everything happens.
Edited by Stacy Elliott.
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