Starting at the end of 2023 memecoin The craze has also led fraudsters to this sector.
at this point solana While based memecoins come to the fore among investors LEFT Bad news came from a memecoin based.
According to Lookonchain’s post, Doraemon (DORAE) The price of memecoin named fell by 99%.
Accordingly, a person has 2.5 million DORAEHe sold the entirety for SOL 10,538 ($1.45 million), causing the DORAE price to drop by more than 99%.
According to the data, the wallet named “3TQYNN…yFAccW”, which made large sales and caused the price to crash, withdrew 41 thousand dollars from Kucoin and another wallet named “CEHgjR…Y45a9z” shortly before the sale, making 2.5 million with all of this money. DORAE he bought.
This wallet then sold the entire DORAE for 10,538 SOL, earning 10,234 SOL (worth $1.41 million) in less than 6 hours.
Lookonchain stated that the data shows that the wallet probably belongs to the developer of the project.
It rose to over $2 before the incident. DORAE Its price dropped by more than 99% after the rug pull, falling to $0.0015.
Doraemon( $DORAE ) rug!🚨
Someone dumped all 2.5M $DORAE for 10,538 $LEFT($1.45M), causing the price to drop by more than 99%!
1/ Some on-chain data suggests that this person is likely the developer.👇 pic.twitter.com/5sMPwILkR0
— Lookonchain (@lookonchain) June 26, 2024
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!