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ZachXBT: Insider trading of PRESI tokens launched by rapper Sexyy Red, whose team snapped up 90% of supply
2024-07-02 07:51
Odaily News Sexyy Red, a popular rapper, launched the PRESI token earlier today, citing a post by @shrebobo, which showed that a trader bought $3,664 of PRESI at the lowest point and sold it at $57,000 during the first surge. Upon checking, the post has now been deleted. Chain detective ZachXBT responded to this, saying: "Stop kidding, your team actually snapped up about 90% of the total supply of PRESI when the token was launched. Not to mention that you launched another token an hour before this, and the team also snapped up 82%. The integration address of the first token is: JDnRDDvjgBFdAxPyyFbNfxuri2kUsS4WWxAKUZJKjCns. The post you just quoted about the sale of the $50,000 token address is also likely from your development team, because they snapped up and obtained new funds from ChangeNow at the exact same time as you, the deployer."