Barstool founder launch greed metal currency in just one hour in just one hour

Barstool Sports Dave Portnoy Founder has launched Mimi currency called $ Greed today from his official wallet.

However, he sold its entire location after an hour, causing the value of the distinctive symbol to be disrupted by more than 90 %.

Social experience

On February 19 mail In X, the founder criticized the Mimi currency space, saying:

“The entire ecosystem is greed and nothing else. Go to empty some farmers, but don’t complain to me if you lose money. You are all greed. At least admit it.”

Then the greed launched $ that it offers as a social experience and a reflection of the real nature of the sector. According to Blockchain Analytics Lokonchain, Portnoy Release Distinguished symbol and bought 357.92 million units, representing 35.79 % of the total offer. The market value rapidly increased to $ 30 million.

Despite the initial claim that he will not sell any time soon, the 47 -year -old has completely unloaded his position within one hour in one treatment, causing the value of greed in dollars to a decrease of 99 % to less than 3 million dollars.

Loconchin reported that he benefited from about $ 258,000 from Mimi. Soon after, Portnoy launched another symbol, Greed2. It currently holds 268.25 million of them, and constitutes 26.8 % of the total offer.

In a final development, the media pole returned to X, male He just promised not to sell one currency, referring to Solana Meme Tokeen Stool PRISUNDENTE (Jailstool). He confirmed that he was free to sell everything else and warned people against buying.

Portoi first open Its purchase of 57.16 million imprisonment symbols on February 9. Soon after, he sold the stack completely, and exchanged it for approximately 586 Sol. However, he soon bought more, as more than 1000 Sol spent to gain slightly more than 23 million coins.

In the wake of the initial rise, the market ceiling in Jailstool rose to $ 100 million, as the businessman fueled his viral attractiveness. The value of the currency increased by more than twice, as it reached the highest level at all times about 218 million dollars.

Currently, the MEME currency is trading around the level of $ 0.0158, a decrease of 19.1 % in the past 24 hours. He suffered from a seven -day more clear loss, which led to a shave of 77.3 % of its value.

Mimi symbol controversy

A personal step of social media comes with greed in the midst of a raging scandal in the space of the meme, and specifically surrounds the balance code.

The origin, which was promoted by Argentine President Javier Millie, witnessed that the market height would reach $ 4.4 billion before it decreased significantly. The collapse of reports on trading from the inside and manipulation of the market has fueled with some exchange, which claims to be more than $ 100 million.

The founder of Pump.fun ALEN COHEN criticized the launch of the scale, on the pretext that creating a Mimi currency should be central and free from controlling the developer or market maker to ensure fairness. He warned that the situation revealed defects in the encryption sector, while highlighting how bad actors exploit investors.

Meanwhile, the co -founder of Meteora Ben Chow resigned amid allegations of mismanagement related to the situation associated with the situation.