Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Recent investigations have revealed that the team behind the memecoins MELANIA and LIBRA is the same. According to analysts from Bubblemaps, the wallet associated with the creator of MELANIA reportedly sniped the token and generated a profit of $2.4 million. This same address is linked to the creator of LIBRA, who cashed out $87 million. The findings suggest that Kelsier Ventures, involved in the LIBRA launch, also played a role in the MELANIA and M3M3 tokens. The CEO of Kelsier Ventures has admitted guilt and proposed to buy back tokens for $100 million. The market cap of LIBRA surged from $150 million, raising concerns about the integrity of these memecoin launches, which appear to be manipulated by their creators.
"$LIBRA was created by the same team behind MELANIA and other short-lived coins." - @bubblemaps https://t.co/vdMthK6V47
On-Chain Evidence Links LIBRA Token to MELANIA Meme Coin Issuers ► https://t.co/jShKESKYoQ https://t.co/jShKESKYoQ
$LIBRA creators linked to $MELANIA and $M3M3 @KelsierVentures, involved in the $LIBRA rug pull, were also part of the launch of $M3M3 and $MELANIA. The head of Kelsier Ventures admitted guilt and offered to buy back tokens for $100M. $LIBRA surged from a market cap of $150M to… https://t.co/mNTk6fhVTj
