The creator of Libra Memecoin’s creator introduced Melania, she says she snipped the same tokens
Kelsier CEO Hayden Davis, the brains behind the controversial Libra Memecoin, said he also launched Melania Memecoin and his team snapped both tokens once the contract addresses live.
Libra was released on Friday, sparking a now deleted tweet of support from Argentine President Javier Milei saying it would support small and mid-sized businesses in the country. Him Backtracking to the project prompted a 95% stab to the value of the token.
Ssnip is when people use bots to buy seconds of memecoins after surviving the intelligent contract. SNIPE -fund wallets often end with most income.
The token is “no a Rug pull“Davis insists on a Interview with Crypto Scam Hunter Coffeezilla. “This is just a plan that lost wrongly to $ 100 million sitting on an account that I am the caregiver of.”
The income made from the liquidity of Melania
This is not Davis’s first rodeo. He has a part too Launching Melania Memecoin Linked to the US First Lady Melania Trump.
“I’m happy to share the truth. You ask a question that will put me in a lot of danger, but I’ll answer it,” Davis said when asked about Melania. “I am part of it. I think the team wants to snipe it because how big the snipe is at Trump’s (Memecoin). Surely we’re not the big sniper. No money made from the Melania team, we don’t ‘did not take any liquidity, zero. “
Davis appeared to contradict himself shortly after dealing with on-chain data: “We have not replaced the liquidity (but) I did not say that there was no money sold. There was a difference between replacing liquidity and sale of fluids. “
Melania is currently trading in a $ 625 million market cap after a debut at $ 2.1 billion on January 20.
Refunds … for the insider
The controversy surrounding Libra continued as Davis sent Barystool Sports founder Dave Portnoy $ 5 million a refund after Portnoy lost money in Libra.
In a conversation with Coffeezilla, Portnoy said he knew about the project a few weeks before the launch and he bought the tokens 10 minutes after Milei’s tweet.
Portnoy knew earlier that Libra was and he received a refund after raising the ghost of the insider’s trading. But Davis removed that idea.
“The idea of the insider is always bullshit because every memecoin I have met or invested in or became part of, the people who benefit are the people who know … The people structures are dealing with.
“(It’s) just like any other business in the world. So I think that’s a bit bullshit and that’s just people who are angry because there’s an unfair advantage.”
Davis and Portnoy contacted CoinDesk for commenting, but had not been heard by the time of publication.
