 | This morning two whales identified by memeland.eth and degensfund.eth received a total of 5.5 Million in MEME tokens through an "airdrop". memeland.eth received 77 million MEME tokens (equivalent to $1.39 million) through airdrops and 138 million MEME tokens (equivalent to $2.49 million) from FireSale. degensfund.eth has received 57.93 million MEME tokens (equivalent to $1.04 million) through airdrops and 27.14 million MEME tokens (equivalent to $489,000) from FireSale. Fire Sale is simply what the sellers refer to MEME token presale as. It is interesting that the 1st, second and 3rd largest portions of tokens is allocated so as to enrich insiders. "Contributors" and "Ecosystem" aka insiders, receive the 1st and 3rd largest shares. "Airdrop" another classic scheme for insiders also receives the 2nd largest share. And of course, soon after the insiders/private investors receive their tokens, 65% of the tokens held by the top 10 "investors" have already been deposited to exchanges, a classic signal of them ready to dump on retail exit liquidity. [link] [comments] |
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