DOYR token creators issued nearly 10,000 MEME tokens through three linked addresses, earning over $1.2 million in total.
TL;DR
DOYR token creators issued nearly 10,000 MEME tokens via three addresses, earning over $1.2 million. They profited from Chinese and Binance-related MEME coins, while DOYR's market cap dropped from $30 million to $4 million.
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PANews reported on December 12th that, according to GoPlus monitoring, the developer/creator of the DOYR token issued nearly 10,000 types of MEME coins through three associated addresses, profiting over $1.2 million. They initially bought 208.5 million DOYR tokens, then quickly sold them off in batches, making only $4,200 in profit. However, it was subsequently discovered that this address issued 3,333 types of MEME coins using the same pattern over 187 days, generating a total profit exceeding $350,000. Through Dev's asset aggregation address, two other associated addresses were found to have also issued over 6,000 types of MEME coins during the same period. Specifically, the address starting with 0x096a issued 3,445 types of MEME coins, profiting over $260,000, and the address starting with 0xc9A4 issued 2,744 types of MEME coins, profiting over $480,000. The aggregation address 0xe352 received over one million US dollars from the above three issuing addresses and then deposited them into the MEXC exchange.
A statistical analysis of the top ten most profitable tokens from three related addresses revealed that they primarily consisted of Chinese MEME tokens and MEME tokens related to comments made by figures like Binance's top female figure and CZ (Chengdu's CEO). Examples include: $高手 (gaoshou, meaning "expert"), $你装什么 (ni zhuang shenme, meaning "What are you pretending for?"), $真是大举了 (zhen shi da ju le, meaning "That's too much of a compliment"), $某安人生 (mou an rensheng, meaning "A certain life on Binance"), $#BNB, and $信我兄弟 (xin xin wo xiong ge, meaning "Believe me, brother"). However, DOYR tokens, which previously boasted a peak market capitalization of $30 million, now only have $4 million remaining.