WHAT HAPPENED TO $WATER đź‘€ Lionel Messi Celebrity MemeCoin Exposed #shorts #solana #crypto
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Transcript
So recently there's a token called WATER, right? It's a very popular token shield by Lionel Messi. But what it turns out was that 30% of the token supply is controlled by the developer. You can see that even though the number one holder here holds 5.78%, this wallet is connected to all of these different wallets that are highlighted in light blue. This is important because they are the ones who are controlling most of the token supply. So you're literally at their mercy if you're buying this to...
So recently there's a token called WATER, right? It's a very popular token shield by Lionel Messi. But what it turns out was that 30% of the token supply is controlled by the developer. You can see that even though the number one holder here holds 5.78%, this wallet is connected to all of these different wallets that are highlighted in light blue. This is important because they are the ones who are controlling most of the token supply. So you're literally at their mercy if you're buying this token. They have the power to dump 30% of their supply into the market causing a very big crash. So you end up being the exit liquidity.
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