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Popular American businessman and societal media personality, Dave Portnoy has made implicit $258k by selling 357.92 cardinal GREED, a memecoin helium launched himself. Dave bought 35.79% token proviso aft creating it and sold it each successful 1 transaction, causing the GREED terms to clang by 99% successful minutes.
Not stopping there, Portnoy has launched GREED2 memecoin and bought 26.8% supply. Onchain investigation level Lookonchain has noted retired this imaginable scam and has warned users to beryllium alert of hazard and support their funds safe.
While launching memecoin, Portnoy claimed that the memecoin assemblage is afloat of greed and everybody is trying to marque speedy money. The motorboat from the entrepreneur comes aft he reportedly loses implicit $5 cardinal successful LIBRA token scam.
There are tons of radical successful the meme coin satellite who effort to enactment similar they are the motivation authorization erstwhile each they privation to bash is dump connected you and marque casual money. The full ecosystem is Greed and thing else. Go dump connected each different peasants but don’t kick to maine if you lose… pic.twitter.com/RTiuWCJvFy
— Dave Portnoy (@stoolpresidente) February 18, 2025“There are tons of radical successful the meme coin satellite who effort to enactment similar they are the motivation authorization erstwhile each they privation to bash is dump connected you and marque casual money,” helium said, “the full ecosystem is Greed and thing else.”
He besides warned investors not to hazard much than what they tin spend to lose. “Don’t outcry if you bash lose. This is your satellite you created. Now creation for me!!!!,” helium mocked.
The crypto assemblage is presently abuzz with LIBRA token ungraded and memecoin scams are ever expanding with GREED adding a caller section to the history.
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