💔💰 Wall Street Baby ($WSB) Brutal Rug Pull 😳
The mastermind behind Wall Street Baby ($WSB) raked in nearly 5,000 $SOL ($810,000) in just one hour by swiftly trading $WSB tokens. Here's the scoop:
👉 1 billion $WSB tokens were minted, with 600 million added to liquidity and 400 SOL, while 400 million $WSB were kept.
👉 Before trading kicked off, 32 wallets were set up, each receiving a slice of 643 SOL.
👉 These 32 wallets quickly snagged 362 million $WSB (36.2% of the total supply) as soon as trading began.
👉 The creator promptly offloaded these 362 million $WSB for 4,371 SOL ($708,000).
👉 Additionally, the remaining 400 million $WSB were divvied up among over 100 wallets.
⚠️ Lesson: Always scrutinize supply and token distribution before diving into new coins. Crypto can be unforgiving.