AltcoinConcerns Arise as COOLCoin, a New Memecoin, Experiences a Significant Dump

Concerns Arise as COOLCoin, a New Memecoin, Experiences a Significant Dump

Date:

In a twist of events, the cryptocurrency world has been rocked by a disruptive force known as CoolCoin (COOL), a meme coin that has unfortunately fallen victim to deceitful practices. Lookonchain, an on-chain analytics firm, has uncovered evidence of a cunning individual, referred to as a “sniper/insider,” who orchestrated a sudden sale of COOL tokens on unsuspecting investors. This shrewd insider managed to amass a staggering $1.68 million within a mere hour, while still retaining a substantial portion of COOL tokens valued at over $20 million.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Hot News

Related
Related

Brian Brooks, former CEO of Binance.US, becomes a member of the MicroStrategy Board

Brian Brooks, former Binance.US CEO, has been appointed to the board of directors at MicroStrategy....

Transforming the Current Infrastructure of AI through Decentralized Operating Systems

With the artificial intelligence (AI) market still in its early stages, many experts believe this se...

Anticipate Faster Growth for This Hidden Gem Over Dogecoin (DOGE) and Shiba Inu (SHIB), Experts Say

Every day new tokens and projects become available in the crypto market, but a few create a name for...

DWF Ventures Concludes an Eventful Year in Cryptocurrency

As the sun prepares to set on 2024, it’s worth taking a moment to reflect on where we are – and...