ANSEM Deployer Sells Out After Launching High-Frequency Trading "Celebrity Coin": Day 7 Takes Away $6 Million in Profit, Having Created a Total of 102 Tokens
BlockBeats News, June 30. According to GMGN monitoring, the Meme coin ANSEM deployed by "yHCxHB" has conducted a rug pull just 13 days after creating the token, with a net profit of $5500. Subsequently, within the following 7 days, they minted tokens in large quantities, extensively copied various "celebrity coins," bought into their own project, and remained highly active on social media platforms, frequently engaging with the community.
Within these 7 days, the address created as many as 101 different Meme coins (mostly various celebrity coins with a certain fan base), among which 12 reached a peak market cap of over a million dollars and 3 exceeded a market cap of over ten million dollars.
As of now, the deployer has made a paper profit of 82,000 SOL in the past seven days, equivalent to $6.08 million. The deployer of only a few high-market-cap Meme coins received $193,000 in dividends, with profits reaching $8.77 million on the 30th day.
BlockBeats Note: Meme coin trading is highly volatile, mostly driven by market sentiment and hype, lacking actual value or use case. Investors should be cautious of the risks involved.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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