Early Investor in YZY Memecoin Also Sniped TRUMP and LIBRA Tokens
Blockchain analytics firm Bubblemaps recently exposed some intriguing connections among crypto investors. Their findings indicate that at least one investor who successfully profited from the sales of TRUMP and LIBRA tokens was among the first buyers of Ye’s YZY memecoin.
The key moment happened when wallet AwY1V acquired $250,000 worth of the newly-launched YZY tokens on August 21st. Bubblemaps’ research shows that this wallet shares links with addresses tied to TRUMP, LIBRA, and HAWK token launches.
Analysts suspect that the wallet owner, presumably named Naseem, might have used othre addresses to increase earnings. Previously, Naseem turned a $1.1 million investment in TRUMP into over $100 million.
- AwY1V’s initial YZY investment rose to $800,000, with around $600,000 still held.
- However, YZY memecoin value plummeted, causing the market cap to drop to approximately $200 million.
Bubblemaps questions whether Naseem’s consistent victories are due to skill or insider information. The growing meme coin sector on Solana (SOL) excites speculation and raises questions. Test yourself on blockchain trends at@bubblemaps.
