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
Feb 20 • 5 tweets • 2 min read
Crypto Rover was called out by @ZachXBT for promoting pump and dumps
Turns out, not only he promoted $STONED, he bought it first.
@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.
Feb 16 • 5 tweets • 3 min read
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
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.