2026-01-05 08:28:07

A prominent figure who once commanded a nine-figure portfolio pivoted to launching a meme token, ultimately dumping bags onto retail holders. This move reflects an emerging pattern in the crypto market where established players leverage their reputation and capital to front-run their own projects, leaving late participants holding inflated positions. The scenario highlights the importance of examining token distribution mechanics and insider lock-up periods before entering any community-driven projects.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
8
Repost
Share

Comment

0/400

RektButSmiling

· 17h ago

This trick is really clever; big players cutting the leeks still need to be justified and legitimate.

View OriginalReply0

BugBountyHunter

· 19h ago

This sneaky thing, it's really a routine... It should have been fixed with a lock-up period long ago.

View OriginalReply0

TokenTaxonomist

· 01-06 23:04

ngl, let me pull up my spreadsheet rq... the vesting mechanics on this one are taxonomically incorrect. data suggests otherwise when you compare locked supply ratios to historical rug patterns. statistically speaking, nine-figure portfolios don't just pivot to meme tokens w/o systematic risk assessment involved. cryptographic darwinism at its finest honestly

Reply0

BankruptWorker

· 01-05 08:58

Is this the same trick again? Can big players still openly manipulate retail investors like this?

View OriginalReply0

MEVHunterBearish

· 01-05 08:58

Old tricks again, big players never get tired of harvesting the little guys.

View OriginalReply0

ForkTrooper

· 01-05 08:58

Another textbook example of a big shot cutting leeks, it's just infuriating to watch.

View OriginalReply0

WenMoon42

· 01-05 08:45

It's the same old trick again—big players always make the most money by harvesting retail investors.

View OriginalReply0

YieldWhisperer

· 01-05 08:38

Another old trick, big players hype a meme coin, then run away first, leaving retail investors holding the bag... How many times do we have to see this play out before it changes?

View OriginalReply0