📢Odaily Planet Daily Hot News Express! 🔥According to Bubblemaps data, there is a lot of insider activity in the Meme coin Mother Iggy (MOTHER). 😲More than 20% of the total supply of MOTHER was purchased directly from the issuing team by insiders, and more than $2 million worth of tokens have been sold. 💰

Specifically, on May 29, an insider sold about 10% of the total supply of the token. 📉The insider has an account starting with "JEET" and allegedly purchased more than 109 million MOTHERs through over-the-counter transactions, most of which were subsequently sold. 😱

Solscan data shows that the user received 127.5 million MOTHERs from the deployer account. They then sent these funds to several other wallets, at least one of which sold 20 million MOTHERs to the Raydium liquidity pool through multiple transactions. 🔄

This incident once again reminds us that although the prospects of cryptocurrencies such as Bitcoin are bright, we must remain vigilant when investing in other cryptocurrencies to avoid unfair practices such as insider trading. 💡Please invest carefully and look at the market rationally. 🙏