According to PANews, the popular rapper Sexyy Red recently launched the PRESI token. It is said that a trader bought $3,664 of PRESI at the lowest point and sold it at $57,000 during the first surge. However, ZachXBT, an on-chain detective, said on the X platform that Sexyy Red's team actually snapped up about 90% of the total supply of PRESI during the pre-sale, and even another token was launched an hour before that, and they also snapped up 82%. ZachXBT suspects that the post cited by Sexyy Red about the sale of $50,000 in tokens may also be from his team, because they snapped up and obtained new funds from ChangeNow at the exact same time as the Sexyy Red deployer. Sexyy Red has 1.7 million followers on the X platform.
