The market is back and so are the...
The market has been on an upwards trend recently, immediately attracting certain opportunists. One of them is Waka Flocka Flame, who, for some reason, started attacking "FOMO", an emerging app for trading memecoins.
We made sure to remind him of his own "data manipulation" era. In case the investors' loss of funds that followed his token launch had been forgotten.
Can't wait to receive pension
We all hope to receive a pension one day. The problem is when it's bundled and we lose money on it.
X account "pensionusdt" launched a bundled token recently after getting attention from claiming he is on a $49M win streak on Hyperliquid trades.
On June 27, he launched $PENSION and shared the CA with his followers. 60% of the supply was sniped and immediately sold, netting ~$60k profit. Minutes later, over 80 fresh wallets bundled the token, selling later for ~$1.5k profit each.
Pensionusdt claimed he only had 30% and would hold it but the price dumped for over 98% within 24 hours. Diamond hands?
Bubblemaps
All eyes on $PONS and...
$CATALORIAN? If you have heard of one of them, it would probably have been $PONS.
$CATALORIAN was heavily sniped at launch by over 8000 wallets. The entity tried to hide the connections but our Time Nodes have uncovered the connection. Those wallets were constantly selling, plummeting the price for over 75% within 6 hours.
Unlike $CATALORIAN, $PONS is dominating the field of generating fees from their launchpad. They've generated more than Robinhood + BNB Chain + Solana combined in the last 24 hours.
A sophisticated balance exploit on Cosmos
Attackers usually make millions by exploiting vulnerabilities. This one, luckily, only stole $60k even though they initially stole $50M worth in $NES. The exploiter(s) bought ~$250k of $NES and bridged it to Nesa Chain, then exploited a bug to inflate that balance by 200x and bridged $50M of $NES back to ETH. The attackers sent the tokens across a network of wallets and swapped $NES to $ETH on DEXs, which was later deposited into CEXs.
However, liquidity was quickly removed out of LPs and most of the attackers' swaps suffered extreme slippage losses. In the end, they spent $255k on the attack and sold for $315k. What was supposed to be $50M, turned into only $60k in the end. A bittersweet ending.
Robinhood's first neobank?
The pitch... Robinhood's first neobank. The catch? A bundled $GWOOD token. The token was heavily sniped at the beginning (~60% of the supply). All of the wallets were initially funded 3 days before the launch, having received similar amounts from Binance. They spent ~$37k, which is now worth $5M.
The team claimed it was just a sniper, who they're actively negotiating with to retrieve the tokens. What do you think?
