Scottie Pippen has recently launched a cryptocurrency project called Game 5 Ball, associated with the token ticker $BALL. Pippen, who earned nearly $200 million during his NBA career, is actively promoting the project and engaging with the community through platforms like Telegram. The token was launched on August 1, 2024, at 3:33 PM PST. Shortly after the launch, a significant transaction occurred where $330,000 (equivalent to 102 ETH) was sold from the developer's wallet in a single move. Despite initial concerns regarding the project's stability due to this transaction, Pippen reported that $BALL has gained traction, becoming the #1 trending token on Dexscreener and attracting over 1,300 holders within hours of launch. Pippen emphasized the project's commitment to transparency and stability, noting that 103 ETH was temporarily removed to counteract attacks on the project, with 70 ETH already re-added. He reassured investors that none of the custodial tokens have been sold, highlighting the project's resilience against various attacks including sniper bots and impersonation attempts.