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POPE team suspected of insider trading, profiting over a million dollars in 2 hours

2025-05-03 19:03:42 3 days ago CoinRank

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CoinRank News: According to Lookonchain monitoring, the POPE team was suspected of insider trading after the token was released, making a profit of more than $1 million in 2 hours. The team created a new wallet, invested $100,000 in USDC, and purchased 5.8 million POPE. Then they sold 1.5 million POPE at $0.286 per coin, making a profit of $428,000. The team still holds 4.3 million POPE, worth about $685,000. The price of POPE is now $0.155.

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POPE team suspected of insider trading, profiting over a million dollars in 2 hours

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