🚀Rapper Sexyy Red's PRESI token launch saw a whopping 90% of the total supply snatched up by her team, according to blockchain detective ZachXBT. This isn't their first rodeo either, with a previous token seeing 82% of its supply gobbled up at launch. PRESI's price shot to the moon, going from $0.0067 to $1.48 per coin in 75 minutes, before crashing by over 50%. Critics often label such celebrity memecoin launches as pump-and-dump scams. But hey, who are we to judge? Maybe they're just really big fans of their own work! 🤷‍♂️