According to Lookonchain monitoring, two wallets whitelisted by Brett deployers earned 890.6 ETH (about $3.14 million) at a cost of only 0.034 ETH (about $102), a 30,830-fold return.
Wallets "0x1f72" and "0x8996" spent 0.034 ETH (about $102) to buy 172.56 million BRETTs; then sold 122.74 million BRETTs (about $3.14 million) on the chain at a price of 890.65 ETH through multiple wallets.
Yesterday, user @shady_oak1 posted on the X platform that the Base Ecology Meme Coin project BRETT was not actually issued fairly, and insiders held more than 81% of the token supply before most people could buy it. @InvestWithRex et al. made nearly 1,600 ETH in profits from tokens purchased for marketing purposes during the whitelisting phase.