James Wynn's "shill" token moonpig fell more than 30% today, James Wynn denied dumping

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MarsBit
05-26
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Mars Finance News: Whale trader James Wynn's frequently shilled meme token moonpig dropped over 30% today, with its market value falling to around $52 million. In response to community panic, James Wynn posted on X, saying The: "The FUD aroundpcrazy. address never mine, just a stranger that nobody could contact. He decided to take profits and sell, and now someone says I'm dumping? I usually don't care about such FUD, but I haven't sold a single moonpig. Do I hold tokens? Of course! Do I have paper profits? Yes, but all unrealized, not a penny cashed out! The team's work is excellent. This is just an abnormal fluctuation caused by early whale selling. Do you really would care about selling tokens worth hundreds of thousands when I hold contract positions worth hundreds of millions? Moreover, this wave of FUD actually completed an important position shuffle, as many early buyers have seen exponexponential growth after after the rapid price surge. I'm absolutely bullish on moonpig's long-term prospects."

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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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