Analyst: The POPE development team sold 1.5 million POPE after the token was issued, making a profit of more than $1 million in 2 hours
according to on-chain analyst Lookonchain (@lookonchain), the POPE token development team created a new wallet after the token issuance and invested $100,000 USDC to purchase 5.8 million POPE tokens.
Subsequently, the team sold 1.5 million POPE tokens at a price of $0.286, earning approximately $428,000 in revenue. They currently still hold 4.3 million POPE tokens, valued at approximately $685,000 based on current prices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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