True and false "MEME" melee, beautiful singer IGGY AZALEA issued a coin, and the price increased by 30 times in 2 minutes

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0xSun
05-29
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It was another night of exciting plots. Although the brain-burning and twists and turns were not as high as the last Kardashian family Jenner drama, it was still full of drama. The protagonists tonight were the female rapper @IGGYAZALEA and Jenner's agent coin issuer Sahil, and the best supporting actor was the well-known player on the chain Jingtao @muzzyvermillion .

The story started in the early hours of yesterday morning, when Sahil said in his Tg channel that he would help Iggy issue coins, and gave an address saying that the first 100 wallets that sent money would be eligible to participate in the pre-sale. Iggy is a female star with good traffic and status abroad, and she is well-known in China because she dated Nick Young. The 100 positions were quickly filled, and a few minutes later Sahil suddenly said that he would expand the number of wallets to 700. This suspicious move, coupled with Sahil's own notorious reputation, cast a layer of doubt on this matter. I participated in the pre-sale of 30SOL with a gambling mentality. During the day, IGGY really started to post Crypto-related tweets, which made her credibility in issuing coins tonight soar, but she also claimed that she would not cooperate with Sahil.

The theme of the evening of the 28th was naturally to wait for Iggy to launch the coin. Sahil announced it at 6 a.m., but there was no movement on Iggy's Twitter. At this time, the best supporting actor Jingtao appeared. He found that the picture of this coin named $Mother on Pumpfun was a selfie of Iggy's buttocks. He tried to reverse index this picture with the image search engine, and even searched through Iggy's Onlyfans, but could not find any photos from a similar angle. This made him suspect that this coin was the coin that Iggy himself wanted to launch. In addition, group member @0xEdwin999 found that the front-row chips were basically not shipped, which was rare for the coins launched by Pumpfun. Therefore, for the market value of about 2M at the time, the profit and loss ratio was very high.

But just as we were discussing the above conclusion, Sahil sent a Pumpfun link, which was the $iggy token he released himself. $Mother fell in response, and I chose to cut my losses. I found that the Pumpfun sent by Sahil was already full, so I decided to snipe the opening of $iggy. I was lucky enough to buy it in the second place. I cost 30SOL and finally made a profit of 368SOL. In fact, the selling operation here was not done well, because time was tight after the opening, and I did not realize that I snipe more coins than the pool, which resulted in excessive fluctuations in several sales and the price was also average. Otherwise, I should be able to make a profit of more than 1000SOL.

Later, Sahil said that Iggy would tweet to support $Iggy soon, but the latter's Twitter did not move for a long time, so everyone was skeptical about the authenticity of this coin. After more than two hours of agony, Iggy suddenly posted a tweet with the $Mother contract. In an instant, $Mother soared 10 times, while $iggy plummeted. After seeing the tweet, I bought back 40SOL of $Mother at an average price of 7M. It is currently 14M, and Ansem retweeted it. Phantom Wallet also posted a message "Don't disappoint your mother..." Let's see to what extent this celebrity coin can ferment.

The one who suffered the most in the whole incident was Jingtao. He tweeted that he guessed $Mother correctly, but after seeing the release of $Iggy, he chose to sell $Mother and chase $Iggy at a higher price. In the end, he also lost money on $Iggy. What was even more uncomfortable was the feeling of having made all the right predictions but made all the wrong operations. He even changed his avatar from God of Gamblers Chow Yun-fat to football comedian Balotelli... As for Sahil's pre-sale, it turned out that he had bad intentions from the beginning. He said that what he would get from the pre-sale would be the whitelist of his subsequent projects and part of the profits. This method of writing a blank check was no different from Rug.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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