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#MEMEFI #MEMEFI "The MEMEFI project party is suspected of rat trading, and the founder's Wallet Address large transfer has triggered a dumping wave"
Blockchain data shows that the founder's Wallet of MEMEFI transferred over 100 million tokens (worth approximately $20 million) to an unknown Address when the token price reached an all-time high. Subsequently, there were large sell orders in the market, causing a price drop of 40%. Users questioned the project party for manipulating the market through "left-hand to right-hand" tactics, and over 50% of the members in the community initiated a joint campaign to "boycott MEMEFI."
"#MEMEFI "MEMEFI Project Suspected of Insider Token Offloading – Founder's Large Wallet Transfer Triggers Selling Wave"
"Blockchain data reveals that as the MEMEFI token price hit its all-time high, the project founder's Wallet transferred over 100 million tokens ( worth approximately $20 million ) to an undisclosed Address. This was followed by massive sell orders flooding the market, causing the token price to plummet by 40%. Users suspect the project party executed a "shell game" to manipulate the market, with over 50% of community members initiating a "Boycott MEMEFI" petition campaign."