The founder of meme coin Rizz found himself in hot water during a presentation of his cryptocurrency on X.com when its value plummeted by 90%. Bubblemaps CEO Nicholas Wyman witnessed these events. According to Bubblemaps, $RIZZ launched on the Solana platform. However, the situation quickly deteriorated when the team confirmed control of 80% of the coin's supply. According to Wyman, Rizz's founder was emotional during the event, and rumor has it that he was not the actual leader of the project. Instead, a team of developers from Singapore managed the process. 😮