📉 The founder of Rizz memecoin had a live-streamed meltdown as his coin's value tanked by 90%. The drama unfolded on X.com, with Bubblemaps CEO, Nicolas Vaiman, in the audience. Bubblemaps, who had been tracking $RIZZ's "bubbles" (clusters of outsized holdings), revealed that the Rizz team controlled over 80% of the supply. The price drop was attributed to early buyers offloading their tokens. Vaiman reported that the founder seemed emotional during the crash, sparking rumors that he wasn't really in charge, but a group of Singaporean devs known for their meme coin antics were pulling the strings.