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Evgeny🍖
@gagash
Insider trading allegations surface as TRUMP memecoin floods Solana DEXs Suspicious trading activity has emerged around Donald Trump’s Solana-based TRUMP memecoin as its market cap soared to $42 billion, drawing a frenzy of retail investors. On Jan. 18, Bubblemaps, an onchain analytics firm, investigated a crypto wallet funded with $1 million four hours before the TRUMP token’s launch. Onchain data reveals that the wallet purchased $5.9 million worth of TRUMP tokens in the first minute of its launch and later sold $20 million while retaining $96 million in tokens. TRUMP tokens were then routed through a wallet and distributed to 10 other wallets, now actively selling on Solana decentralized exchanges (DEXs). This pattern of trade has raised concerns about potential market manipulation as... https://cointelegraph.com/news/insider-trading-allegations-surround-trump-memecoin
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