bitcoin
Bitcoin (BTC) $ 62,826.83
ethereum
Ethereum (ETH) $ 3,050.78
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 534.73
xrp
XRP (XRP) $ 0.489508
cardano
Cardano (ADA) $ 0.447965
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.686374
binance-usd
BUSD (BUSD) $ 0.997831
dogecoin
Dogecoin (DOGE) $ 0.153628
okb
OKB (OKB) $ 58.71
polkadot
Polkadot (DOT) $ 6.57
shiba-inu
Shiba Inu (SHIB) $ 0.000022
tron
TRON (TRX) $ 0.112355
uniswap
Uniswap (UNI) $ 6.93
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 62,993.88
dai
Dai (DAI) $ 0.999451
litecoin
Litecoin (LTC) $ 77.86
staked-ether
Lido Staked Ether (STETH) $ 3,045.47
solana
Solana (SOL) $ 134.82
avalanche-2
Avalanche (AVAX) $ 33.96
chainlink
Chainlink (LINK) $ 13.29
cosmos
Cosmos Hub (ATOM) $ 8.03
the-open-network
Toncoin (TON) $ 6.18
ethereum-classic
Ethereum Classic (ETC) $ 25.81
leo-token
LEO Token (LEO) $ 5.86
filecoin
Filecoin (FIL) $ 5.88
bitcoin-cash
Bitcoin Cash (BCH) $ 465.67
monero
Monero (XMR) $ 122.57
bitcoin
Bitcoin (BTC) $ 62,826.83
ethereum
Ethereum (ETH) $ 3,050.78
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 534.73
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.489508
binance-usd
BUSD (BUSD) $ 0.997831
dogecoin
Dogecoin (DOGE) $ 0.153628
cardano
Cardano (ADA) $ 0.447965
solana
Solana (SOL) $ 134.82
matic-network
Polygon (MATIC) $ 0.686374
polkadot
Polkadot (DOT) $ 6.57
tron
TRON (TRX) $ 0.112355

Doodles Founder Creates Poop Token, Two Wallets Seize 38% of Provide at Launch

Must Read

Within the newest signal that the crypto market’s enduring meme coin fever is probably going removed from breaking, the co-founder of the favored Doodles NFT model launched a shock POOP token over the weekend to neighborhood members.

It stirred pleasure, but in addition some controversy too—as a result of a large chunk of the overall provide was shortly snapped up by “snipers,” spurring accusations of merchants working with inside info.

On Saturday, Doodles co-founder Jordan “Poopie” Castro abruptly introduced in a weblog publish that he had whipped up a meme coin with little inherent worth past its affiliation with feces. The POOP token was launched on Base, an Ethereum scaling community constructed by Coinbase that has just lately grow to be a meme coin buying and selling hotspot.

There may be completely no promise or ensures of something,” Castro wrote about POOP. “This might very effectively be value lower than zero, like a contemporary, steaming pile of dung.”

$poop was airdropped to

holders of doodles, genboxes, dooplicators
holders of customized 1/1 doodles
doodlebank individuals and voters
genesis field burners
doodle minters, even for those who FLOORED IT AND GTFO

examine your wallets on base and browse the publish:https://t.co/UZ45AYBGpZ

— poopie (@poopie) March 30, 2024

Allocations of Poopcoin had been airdropped to Doodles stakeholders previous and current, together with holders of affiliated NFTs (Doodles, Doodles Genesis Packing containers, Dooplicators, and one-of-one Doodles); minters of the unique Doodles and Genesis Field NFTs; and wallets which have participated within the administration of Doodlebank, the neighborhood’s on-chain treasury.

See also  TRON burns over 12.62M TRX cash as price income hits all-time excessive

Regardless of Castro’s apparent connection to the Doodles model, and the token’s airdrop throughout your complete Doodles ecosystem, nevertheless, POOP has no official relation to Doodles (a clarification that had some neighborhood members initially confused).

You guys do understand that $poop was simply @poopie having some enjoyable proper?

NOT @doodles official

— conquad.eth 🔥 (@Conquant) March 30, 2024

Inside minutes of POOP’s launch, airdropped POOP tokens—despatched to over 14,000 wallets—had been collectively value some $3 million. However Doodles neighborhood members weren’t the most important beneficiaries of Castro’s “experiment in flinging poop.” Not even shut.

Instantly following Poopcoin’s launch—earlier than Castro had even introduced the token—two wallets seized over a 3rd of your complete POOP token provide, in keeping with evaluation by on-chain knowledge agency Bubblemaps.

The founding father of @doodles launched $poop to reward his neighborhood.

However after analyzing 18,800 wallets, the most important winners had been NOT the Doodles holders ⚠️

• Holders: $3 million
• Sniper 1: $3 million
• Sniper 2: $5 million

A thread 🧵↓https://t.co/VTbNpw1VgF pic.twitter.com/spzCqGolE7

— Bubblemaps (@bubblemaps) March 30, 2024

A type of wallets—to make use of the crypto parlance—”sniped” a whopping 23.5% of your complete Poopcoin provide in seconds, earlier than shortly splitting that bounty throughout 54 on-chain addresses. That sum of POOP tokens was value roughly $5 million on the time; excess of the overall worth of the POOP airdrop to all Doodles neighborhood members.

The opposite pockets sniped 15% of the overall POOP provide earlier than Castro’s announcement, accumulating an enormous bag of tokens value roughly $3 million.

See also  Huge Traders Collect Over 392M XRP From Binance in Search of Value Improve

The implication that the token launch’s two lopsided beneficiaries acquired some kind of unfair benefit or insider tip quickly started swirling on Crypto Twitter. However it wasn’t lengthy earlier than one of many POOP snipers unmasked themselves as Pranksy, a outstanding pseudonymous NFT collector.

When prodded by Bubblemaps’ Twitter account about how they managed to purchase up a lot POOP so shortly, Pransky instantly replied: 40 minutes earlier than Castro introduced Poopcoin, they wrote, the Doodles co-founder had already airdropped the token to Doodles neighborhood members.

Pranksy, a Doodles holder, mentioned they merely searched the token’s ID and purchased as a lot as they may as quickly because the token began rocketing in worth, minutes later. They ended up with 15% of your complete token provide.

It arrived in wallets tied to doodles 40 minutes earlier than his announcement tweet, I noticed my doodles wallets held it and the contract was locked. I loaded the token ID into photon and pressed purchase once I noticed a inexperienced candle

— Pranksy 📦 (@pranksy) March 31, 2024

Not a lot of a thriller, it turned out. Apparently Castro’s “experiment in flinging poop” has up to now confirmed that fecal matter doesn’t roll downhill in an equal distribution. And POOP, in the meantime, is down almost 65% within the final 24 hours, per CoinGecko. It’s presently buying and selling at lower than half a cent per token.

Edited by Andrew Hayward

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

TON-Primarily based Financial system Beginning to Take Root in Telegram, TON...

Telegram's pivot to toncoin funds for ads and the Open League reward program are boosting the token's adoption. TON has...

More Articles Like This