Analyst: POPE development team sold 1.50 million POPE after token issuance, making over $1 million in 2 hours
2025-05-03 11:54:07
According to on-chain analyst Lookonchain (@lookonchain), the POPE token development team created a new wallet after the token was issued, investing $100,000 USDC to buy 5.80 million POPE tokens.
The team then sold 1.50 million POPE tokens for $0.286, earning about $428,000, and still holds 4.30 million POPE tokens, worth about $685,000 at current prices.
The team then sold 1.50 million POPE tokens for $0.286, earning about $428,000, and still holds 4.30 million POPE tokens, worth about $685,000 at current prices.
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