1/ How insiders made $2.1M on a "supposed" fair launch

A thread on @mooncats_base, where insiders bought the token before it was announced publicly, and nuked the price by 70% at launch @mooncats_base 2/ Two days ago, a project related to NFT project @mooncatrescue launched a memecoin on Base.

With an increase of 8000 Twitter followers in one month and 5000 members in their Telegram at launch, expectations were high

Crypto Rover was called out by @ZachXBT for promoting pump and dumps

Turns out, not only he promoted $STONED, he bought it first.

Could it be his own token? 🧵 ↓

https://twitter.com/zachxbt/status/1759929050041033012

@zachxbt The memecoin $STONED started trading on May 15th, 2023, at 07:10 PM (UTC).

• Immediately, two bots sniped 4% of the supply.
• Seconds later, Crypto Rover was the first real buyer with 0.1 ETH for 2% of the supply.

OpenAI just announced their latest AI model, Sora

A trader scored a 2000x on the memecoin $SORA, turning $70 into $160k in under 24 hours

Let's analyze his moves, and the biggest winners 🧵 ↓

Wallet 0x29e sniped 16 million $SORA tokens at launch for 0.024 ETH.

This amount was split into 9 wallets using Disperse, each holding 1,777,777 SORA. Nothing was sold yet, and the trader is sitting on an unrealized P&L of $160k

etherscan.io/tx/0x5352a6aee…

This whale sold $BOB after @elonmusk called it a "scam"

From 10% of the supply to zero

Is this game over, or is there still hope for #FREEBOB? 🧵↓ Right at launch on May 19th, a few wallets started to confidently buy large amounts of $BOB

Over 10% of the supply was acquired for less than 10 ETH

app.bubblemaps.io/eth/token/0x7d…

The Recently Added section on @CoinMarketCap is used by many to find the next 100x

But many of those new tokens will go to zero

Use this hack to spot them in seconds 🧵↓ More than 50 tokens are added daily on @CoinMarketCap

One of them could be the new $PEPE

However, most of them will die or rug pull. Let's take a closer look at some of these tokens ↓

🚨 Beware of this dangerous tactic

The $TSUKA staking process had investors send tokens directly to the founder's wallet

A fast way to lose everything 🧵↓ Sir Verlin, the founder of $TSUKA, explained the process on Telegram:

- Sign a written agreement
- Send tokens to Verlin's personal wallet
- Receive rewards in $MLP
- Email to claim your tokens

Really? An email to claim tokens?! 👇

You’re being lied to about the governance of UNI

@a16z could control 41.5M UNI through 11 wallets, which represents more than 4% of the supply

4% is the required amount to pass any proposal 🧵↓

https://twitter.com/cz_binance/status/1622238078705274886

0xb04 sent UNI to 10 wallets, including @a16z

9 wallets ended up with 0.25% of the supply each (2.5M UNI) - a calculated amount 👇

0.25% is required to submit a proposal to the governance of Uniswap

Everyone wants the next 100x

But avoiding losses is just as important when investing

Here are 5 red flags you can't afford to ignore 🧵 1️⃣ Unlocked wallets 🚨

Since @FTX_Official collapse, one mysterious wallet holds 60% of the supply of #FTT - unlocked and unlabeled

Large wallets can liquidate at anytime and create devastating repercussions.

Top wallets should be labeled and securely locked

This group of wallets made 100x on $CHZ

From $1M to $100M in 2 years - and they never sold.

Who are those wallets, and what can we learn with on-chain data 🧵 In March 2019 - 0x8521 received a transfer of 220M CHZ.

This happened before CHZ started publicly trading (July 2019)

etherscan.io/tx/0xfff73e09d…

A recent report from @chainalysis concluded that 25 transactions between wallets probably indicate wash trading.

As an investor, you must learn how to spot those patterns.

and there's an easy way to do it 🧵 The NFT collection @squiggles was the subject of a huge controversy. The internet detective @coffeebreak_YT identified a series of wallets buying and selling NFTs - a typical sign of wash trading.

https://twitter.com/coffeebreak_yt/status/1491850568788332551?lang=en