
A team member of the WSB Coin token project, which claims to be the official memecoin of Wall Street Bets, has allegedly dumped a large portion of the coins just days after its launch. The on-chain data showed that the moderator, zjz.eth, sold WSB coins worth around $635,000, resulting in a massive drop in the token's price. The incident has raised concerns among the community members, who warned others not to buy the dip as the moderators still have access to 10% of the total supply. (Read More)