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Cryptocurrency Market Update (as of January 4, 2025):
* Bitcoin (BTC): Up 1.18% at $98,002.
* Ethereum (ETH): Up 3.39% at $3,639.83.
* Dogecoin (DOGE): Up a surprising 7.62% at $0.3923!
Memecoin Mania!
Insiders made millions off a new memecoin called Focai (FOCAI) launched on Solana. They bought a huge chunk of the coins before anyone else and then sold them for a massive profit. This raises concerns about fairness in the crypto world.
Aave Battles Stablecoin Drama
There's a fight going on about a stablecoin called USDe. Some people want to peg its price to another stablecoin, USDT, to make it more stable. Others worry this is a bad idea.
Stay tuned for more crypto news!
#USDe #focai #Memecoins🤑🤑
&
Cryptocurrency Market Update (as of January 4, 2025):
* Bitcoin (BTC): Up 1.18% at $98,002.
* Ethereum (ETH): Up 3.39% at $3,639.83.
* Dogecoin (DOGE): Up a surprising 7.62% at $0.3923!
Memecoin Mania!
Insiders made millions off a new memecoin called Focai (FOCAI) launched on Solana. They bought a huge chunk of the coins before anyone else and then sold them for a massive profit. This raises concerns about fairness in the crypto world.
Aave Battles Stablecoin Drama
There's a fight going on about a stablecoin called USDe. Some people want to peg its price to another stablecoin, USDT, to make it more stable. Others worry this is a bad idea.
Stay tuned for more crypto news!
#USDe #focai #Memecoins🤑🤑
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Suspected insider trading! What is the truth behind the $Focai instant wealth myth?
On-chain data shows that 15 suspected insider wallets of Focai.fun ($Focai) staged a shocking arbitrage on Pump.fun:
Buying 605 million $Focai (accounting for 60.5% of the total supply) for 67.16 $SOL (approximately $14,600), and then quickly selling, cashing out 94,175 $SOL (approximately $20.5 million), ultimately making a staggering profit of $20.48 million with an astronomical return!
From a cost of less than $15,000 to instantly cashing out $20 million, is this due to precise planning, or prior insider information? It is worth noting that the vast majority of $Focai's supply is controlled, and whether such manipulative behavior will lead to greater chain reactions in the market deserves further attention.
Will this kind of trick be repeated? Leave your thoughts in the comments section, and don't forget to follow Lao Lin, who will help you gain insight into the unseen undercurrents in the crypto world!
#focai #加密市场反弹 #比特币诞生16周年 #BIO #TROY $SOL $XRP $ATA
On-chain data shows that 15 suspected insider wallets of Focai.fun ($Focai) staged a shocking arbitrage on Pump.fun:
Buying 605 million $Focai (accounting for 60.5% of the total supply) for 67.16 $SOL (approximately $14,600), and then quickly selling, cashing out 94,175 $SOL (approximately $20.5 million), ultimately making a staggering profit of $20.48 million with an astronomical return!
From a cost of less than $15,000 to instantly cashing out $20 million, is this due to precise planning, or prior insider information? It is worth noting that the vast majority of $Focai's supply is controlled, and whether such manipulative behavior will lead to greater chain reactions in the market deserves further attention.
Will this kind of trick be repeated? Leave your thoughts in the comments section, and don't forget to follow Lao Lin, who will help you gain insight into the unseen undercurrents in the crypto world!
#focai #加密市场反弹 #比特币诞生16周年 #BIO #TROY $SOL $XRP $ATA
The Focai(DOT)fun insiders have reportedly raked in an astounding $20.48M on $FOCAI through what, appears to be a coordinated effort using multiple wallets.
A total of 15 suspected insider wallets collectively spent 67.16 SOL ($14.6K) to acquire 605 million FOCAI tokens, representing 60.5% of the total supply, via Pump(DOT)fun.
They later sold the entirety of their $FOCAI holdings for 94,175 SOL ($20.5M), achieving a net profit of 94,108 SOL ($20.48M)—an astronomical return on investment! 😱
Suspected Insider Wallets:
9DtTbUgdzFoKvaM7ALpB8LhYHf4Q7ggjphsBHotREj8z
3DRsesPPT6ttKa7RjNUz66SUoxJiAj1NnWrS4keUw6V6
CazxfzAguHhvkA3QGgX8xgUu4bk8FQqGZ6WBtWk4FfAj
DyMEziH3ooebpFfVK4MerUmMh33ZiCLLnHai4QVZAx2f
5SvXqJihw5FHf4J1VRRewSWnPdDySbDuM4w44XkeRdLj
3zeewfTgJyVe7aiYCaai74shfrnmBt1DpmwQRKZMhtBy
HuikSoXpyrFcLdjDLARWy3CVsQouJ44FqSZYXGEZdvSo
9gB99Qpxvxa8ssCTPd67NvkAgoh7EVguCtfv86nHB4vg
9ZG3w8cN3ai9VoaApty3PivKyPLB1uq3Ltkf8dQNmqEs
G3LzSL5G8Z8SMsHZp5DweoTuWbsncbUFrcAb6YHzqPQn
9mvN74WSEoRBUJPDMG9qBMniEBKzmXKGHRPpUgfPufMv
3Jq4Lzr6F16iVCBQ3YcGsPcVhfkhmE4S7QLCLBJUg3BC
HeaK92QuSd6Bm1ef7cG5A1Up6L3L99yF1iMwBoERLPM5
DmakuKQEpF2wmCRNLmYHCQeR36LthfTCBwyAifMFAbqU
21ov4aN5kkByVGfvnvSVBYXMPnMGyU1CtwyFr4EsLaZF
#FOCAI
A total of 15 suspected insider wallets collectively spent 67.16 SOL ($14.6K) to acquire 605 million FOCAI tokens, representing 60.5% of the total supply, via Pump(DOT)fun.
They later sold the entirety of their $FOCAI holdings for 94,175 SOL ($20.5M), achieving a net profit of 94,108 SOL ($20.48M)—an astronomical return on investment! 😱
Suspected Insider Wallets:
9DtTbUgdzFoKvaM7ALpB8LhYHf4Q7ggjphsBHotREj8z
3DRsesPPT6ttKa7RjNUz66SUoxJiAj1NnWrS4keUw6V6
CazxfzAguHhvkA3QGgX8xgUu4bk8FQqGZ6WBtWk4FfAj
DyMEziH3ooebpFfVK4MerUmMh33ZiCLLnHai4QVZAx2f
5SvXqJihw5FHf4J1VRRewSWnPdDySbDuM4w44XkeRdLj
3zeewfTgJyVe7aiYCaai74shfrnmBt1DpmwQRKZMhtBy
HuikSoXpyrFcLdjDLARWy3CVsQouJ44FqSZYXGEZdvSo
9gB99Qpxvxa8ssCTPd67NvkAgoh7EVguCtfv86nHB4vg
9ZG3w8cN3ai9VoaApty3PivKyPLB1uq3Ltkf8dQNmqEs
G3LzSL5G8Z8SMsHZp5DweoTuWbsncbUFrcAb6YHzqPQn
9mvN74WSEoRBUJPDMG9qBMniEBKzmXKGHRPpUgfPufMv
3Jq4Lzr6F16iVCBQ3YcGsPcVhfkhmE4S7QLCLBJUg3BC
HeaK92QuSd6Bm1ef7cG5A1Up6L3L99yF1iMwBoERLPM5
DmakuKQEpF2wmCRNLmYHCQeR36LthfTCBwyAifMFAbqU
21ov4aN5kkByVGfvnvSVBYXMPnMGyU1CtwyFr4EsLaZF
#FOCAI
See original
#focai
How long does it take to earn 20 million USD?
Insiders made 20 million USD on $Focai!
15 suspected insider wallets spent 67.16 $SOL (146,000 USD) to purchase 605 million $Focai (60.5% of total supply) on http:// Pump.fun.
Then they sold all $Focai for 94,175 $SOL (20.5 million USD),
netting 94,108 $SOL (20.48 million USD). What an incredible return!
How long does it take to earn 20 million USD?
Insiders made 20 million USD on $Focai!
15 suspected insider wallets spent 67.16 $SOL (146,000 USD) to purchase 605 million $Focai (60.5% of total supply) on http:// Pump.fun.
Then they sold all $Focai for 94,175 $SOL (20.5 million USD),
netting 94,108 $SOL (20.48 million USD). What an incredible return!
See original
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🔎🔥💫A recent investigation by Lookonchain has uncovered a significant insider 💥💥
Trading incident linked to the cryptocurrency #FOCAI on the Solana blockchain. The findings revealed that a group of 15 suspected insider wallets collectively spent 67.16 $SOL (approximately $14.6K at the time) to acquire 605 million FOCAI tokens, which represented 60.5% of the total supply. These transactions took place on Raydium, a decentralized exchange on the Solana network. The insiders then proceeded to sell all of their holdings for a total of 94,175 SOL, which at the time equated to roughly $20.5 million. This resulted in a staggering profit of approximately $20.48 million for the group.
The plot thickened when Lookonchain issued a correction, revealing that the project’s development team had used additional insider wallets to secure the token supply. This further implicated the FOCAI team in orchestrating the trade. The discovery has caused a stir in the cryptocurrency community, with many expressing outrage at the scale of profits made through what is perceived to be the exploitation of privileged information.
#FOCAI , an AI-focused cryptocurrency, made a promising debut, rapidly soaring in value shortly after launch. Within minutes, the project reached a market cap of $50 million, with trading volume peaking at $48.2 million in less than an hour. However, following the insider trading activity, the token’s value plummeted, and its market cap dropped to $32.7 million. As the price dipped, many analysts began to raise concerns about the project’s legitimacy.
One prominent crypto analyst, @olegmetaverse, flagged FOCAI as a potential scam, citing several red flags. Among the issues raised were the project’s lack of technical integrity, its heavy reliance on buzzwords such as "AI" and "𝐛𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧," and the absence of substantial technical backing. Further analysis revealed that FOCAI appeared to be a mere copy of an existing cryptocurrency, Eliza, with little innovation. The project also suffered from poor documentation, unclear tokenomics, and a weak codebase, suggesting that it lacked the transparency and security expected from legitimate blockchain projects.
#blockchaineconomy #AI #focai
The plot thickened when Lookonchain issued a correction, revealing that the project’s development team had used additional insider wallets to secure the token supply. This further implicated the FOCAI team in orchestrating the trade. The discovery has caused a stir in the cryptocurrency community, with many expressing outrage at the scale of profits made through what is perceived to be the exploitation of privileged information.
#FOCAI , an AI-focused cryptocurrency, made a promising debut, rapidly soaring in value shortly after launch. Within minutes, the project reached a market cap of $50 million, with trading volume peaking at $48.2 million in less than an hour. However, following the insider trading activity, the token’s value plummeted, and its market cap dropped to $32.7 million. As the price dipped, many analysts began to raise concerns about the project’s legitimacy.
One prominent crypto analyst, @olegmetaverse, flagged FOCAI as a potential scam, citing several red flags. Among the issues raised were the project’s lack of technical integrity, its heavy reliance on buzzwords such as "AI" and "𝐛𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧," and the absence of substantial technical backing. Further analysis revealed that FOCAI appeared to be a mere copy of an existing cryptocurrency, Eliza, with little innovation. The project also suffered from poor documentation, unclear tokenomics, and a weak codebase, suggesting that it lacked the transparency and security expected from legitimate blockchain projects.
#blockchaineconomy #AI #focai