Alert! Meme Coin Pump and Dump? Insiders Earn $4M, Trader Loses $1M

In the volatile world of cryptocurrencies, some believe meme coins are the best way to make easy money. Today on August 9, 2024, an on-chain analytic firm Lookonchain shared a post on X (previously Twitter) revealing that five insider wallets have made over $4 million from a newly created meme coin. Meanwhile, another trader lost … source: https://coinpedia.org/traders/alert-meme-coin-pump-and-dump-insiders-earn-4m-trader-loses-1m/