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Libra, Melania creator’s ‘Wolf of Wall Street’ memecoin crashes 99%

Libra, Melania creator’s ‘Wolf of Wall Street’ memecoin crashes 99%

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Source: Coin Telegraph

Hayden Davies continues launching memecoins plagued with insider trading activity despite being wanted by Interpol for previous crypto scams.

The creator of the Libra (LIBRA) token has launched another memecoin with some of the same concerning onchain patterns that pointed to significant insider trading activity ahead of the coin’s 99% collapse.

Hayden Davis, the co-creator of the Official Melania Meme (MELANIA) and the Libra token, has launched a new Solana-based memecoin with an over 80% insider supply.

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

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Author: Zoltan Vardai