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POPE Meme Coin Pump-and-Dump: Insiders Pocket $1M While Retail Traders Get Rekt in 5 Minutes
POPE Meme Coin Pump-and-Dump: Insiders Pocket $1M While Retail Traders Get Rekt in 5 Minutes
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Another day, another crypto rug pull—this time with a papal twist. The so-called POPE meme coin saw insiders cash out seven figures while latecomers watched $111K evaporate faster than holy water in a desert.
How it went down: A classic pump-and-dump executed with Swiss watch precision. The token’s anonymous devs likely front-ran the launch, dumped their bags at peak hype, and left retail traders holding the bag. Just another ’holy miracle’ in DeFi’s casino economy.
The fallout: Yet another case study in why unregulated crypto markets remain Wall Street’s wild west—except here, the outlaws wear anonymous Twitter avatars instead of cowboy hats.
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