Someone sniped #BAKED and made 21,511 #SOL ($3M) in just 30 minutes, a gain of 307x!

How did he do it?

We also found that the team and insiders control 763.8M BAKED (76.38% of the total supply).

1/ Here is a thread.🧵 #Solana #US_Inflation_Easing_Alert #MiCA

6/ This sniper did not buy #BAKED from #DegenFund , but directly from #Raydium 's pool.

And we found that this sniper had traded 3 #tokens before buying BAKED, and lost money in 2 of them.

There is no evidence that this sniper is an insider, he was likely just lucky. #US_Inflation_Easing_Alert

2/ BAKED was launched on #DegenFund , and the dev wallet spent 11.82 #SOL to buy 300.72M BAKED while minting tokens and 206.9M BAKED was added to liquidity.

The remaining 492.37M #BAKED was snatched up by 19 wallets in just 1 second. #Solana #US_Inflation_Easing_Alert