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Nets Nets $ 480k with 1,500x returns before BNB Memecoin has crashed 50%

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An unknown businessman made about half a million worth of revenue in a recent -launched Memecoin before disappearing half the amount of token, which sparked insider trading allegations after the recent wave of Memecoin meltdowns.

An enthusiastic businessman has made more than 1,500-fold return to his initial investment, which is becoming more than $ 482,000 less than 24 hours on Bubb (Bubb) Memecoin.

“It was $ 304 to $ 482k on $ bubb – a 1,586x returned! This businessman spent only $ 304 to buy 43.94m $ bubb and sell 28.9m $ Bubb for $ 122k, left 15.64m $ Bubb ($ 360k),” write Lookonchain In a post of March 21 x.

The profitable trade took place shortly before the token lost more than 50% of its value, from a climax to rise to a peak of $ 43.7 million market capitalization on March 21 and 10:00 PM UTC, at the current $ 22.6 million, DEXSCREENER Data displays.

*BUBB/WBNB, all-time chart. Source:* *DEXSCREENER*

The BUBB’s token began to receive the investor’s significant attention on March 20, after Binance co-founder and Chief Customer Service Officer, Yi He, commented on one of the token posts-a step that entrepreneurs interpret as a sign of a potential token list in the world’s largest exchange.

The unknown traders of more than 1,500-fold returns have brought allegations into insider trading to market participants.

“Can you handle these kinds of posts with” insider “so I can mmute all of them, I’d rather be naive about it,” Answer Pseudonymous crypto investor fhools, to look at lookonchain’s X post.

The profitable trade comes one week after Wall Street’s Hayden Davies Wolf Memecoin has crashed 99%showing signs of significant insider activity ahead of token collapse.

Davis launched the memecoin of the Wolf (Wolf) on March 8, the banking of the rumors of Jordan Belfort, known as The Wolf of Wall Street, which launches his own token.

The token reached a peak of $ 42 million market cap. However, 82% of the wolf token supply is turned under the same creature, according to a post 15 x post’s Bubblemaps,

Davies’ latest token launch came Sunday after the collapse of the Libra token, where eight insider wallets cashed out $ 107 million in liquidityleading to a $ 4 billion market cap wipeout in a few hours.

Libra token became a political issue, with Argentine president Javier Milei risk impeachment After his endorsement of the Libra coin.

Politically supported by politicals require stronger investor protection guards

To avoid another meltdown similar to Libra’s, tokens with the President’s endorsement will need a more stable safety and economic mechanism, such as locking of liquidity or making tokens in the Liquidity Pool that cannot be purchased for a predetermined period, DWF labs have written a report shared with the cointelegraph.

The report said tokens from high-profile leaders would also need to launch restrictions to limit participation from crypto sniping bots and large holders or whales.

“Limiting bot and whale activity is essential to limiting the impact of individuals acting on insider information to corner a large percentage of token supply,” said Andrei Grachev, managing the DWF Labs partner:

“Projects should strive to be delivered as fair as a launch as much as possible so that all participants have an equal opportunity to secure a dedication and not be hurt by a small fund or well-funded players who say the lion’s part of the supply.”