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Solana Memecoins

I’m back! I’ve spent the last couple of months watching the $SSSSS chart and the lead up to the $SRY launch.I’ve been watching $SRY launch unfold over the past few days. A few things are different to the Pepe Wizards last rugs, they created their own liquidity pool and didn’t use a launchpad like pum fun. But that’s where the difference stop. The pattern is screaming “insider slow rug” from start to finish.

One Wallet to Rule Them All

At launch, a single address bought 698 million SRY …. that’s nearly 70 percent of the entire supply all in one go. No retail trickle, no fair launch. Then it immediately split that haul into multiple wallets. By the time most of us even saw the contract, the core team already controlled almost every token.

Some tokens were sent to a “marketing” and “airdrop” wallet, but majority have been split amongst other wallets to hide the dev’s majority control over tokens.

Now I want to be clear, there’s actually nothing wrong with buying up a large chunk of your own supply. It can help ensure stability of the token. BUT bundling in secret and not locking those tokens is deceptive and if you have nothing to hide, why hide it? Why not publicly announce it and lock the tokens?

Wallet that bought the 698m tokens (you can follow the trail and see the depths the tokens were distributed) –

https://solscan.io/account/9PWKEL32QsBvmvXtRs23dxRxASfD9Kmu6XsA5uJMoBwZ

Bubble Maps and Rugchecker Insider Networks images are in the post on my profile (can’t post images here)

20-Minute Insider Window

Why did the contract address only hit the public Telegram 20 minutes after launch? Because that delay let the insiders swoop in on cheap tokens before the masses even knew where to buy. Classic cabal move … hold back the CA, let your circle buy deep, then drop it for everyone else.

Early Liquidity Grab

Within two days of opening the SOL/SRY pool on Raydium, the creator quietly yanked a big chunk of LP back into their wallet at a nice profit.

Slow-Rug Sell-Offs

Those bundled wallets? They’ve already begun drip-selling small amounts of SRY in small amounts so nothing that trips alarms on a chart, just enough crumbs to pad their pockets. Meanwhile, over 97 percent of the supply still sits in dev-controlled and top holder wallets. This isn’t “organic distribution” it’s a perfectly scripted slow rug.

What Next?

If you’re holding $SRY, treat any gains as “house money” and set a tight stop-loss. And if you haven’t bought yet… save yourself the heartache. Keep your eyes on Solscan and spread the word, this one’s shaping up exactly like its predecessors.

Don’t believe all the “this one is different” chants in the TG, this is no different to the last 4 projects the Pepe Wizards have been involved with. It’s setup like a rug, it smells like a rug and it’s core team are known ruggers …. IT’S A RUG and it’s already started.

We might not be able to stamp out every rug pull out there, but we sure as hell can keep calling out the same grifters who keep jumping from one community to the next. When we point fingers at their recycled playbook and share the on-chain receipts, we make it that much harder for them to sneak away with our money. Each time we blow the whistle, we save a fresh batch of traders from getting burned and chip away at these scammers’ inflated reputations and socially blacklist them!Remember! DYOR and memecoins are not an investment, they are a gamble and the house always wins!

submitted by /u/Memecoin_Queen
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