Analyst: POPE development team sold 1.5 million POPEs after token issuance, earning more than $1 million in 2 hours "
According to online reports, according to monitoring by chain analyst Lookonchain (@lookonchain), the POPE token development team created a new wallet after the token issuance and invested US$100,000 in USDC to purchase 5.8 million POPE tokens. Subsequently, the team sold 1.5 million POPE tokens for US$0.286, earning approximately US$428,000 in revenue, and still holds 4.3 million POPE tokens, worth approximately US$685,000 at current prices.
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