Machi Huge Brother is on the aid of the BOBAOPPA meme coin and is soliciting for a 1 SOL minimal deposit for users who are looking to became eligible for its airdrop.
A Solana (SOL) address bought over $40 million within 24 hours within the most modern episode of the ‘meme coin pre-sale mania.’ A user on X who goes by Bobaoppa revealed the wallet address for merchants in joining the pre-sale of the canine-themed meme coin BOBAOPPA, with a 1 SOL minimal funding.
The canine veteran to illustrate and promote the meme coin is the pet of Jeffrey Huang, who is additionally the person on the aid of the pre-sale. The crypto neighborhood higher is conscious of Huang as Machi Huge Brother, a controversial figure in crypto accused of allegedly selling decentralized finance (DeFi) initiatives for his income, with these forms of applications ending in losses for its merchants.
These allegations escalated after the blockchain sleuth who identifies himself as ZachXBT revealed an article titled “A Legend of Machi Huge Brother”, where he addresses assorted initiatives where Huang allegedly took income of merchants.
This text introduced on a defamation lawsuit by Huang against ZachXBT in June 2023, which turned into dropped in August of the identical yr after the blockchain sleuth agreed to alternate a part of the article’s state material.
As previously reported by Crypto Briefing, the meme coin pre-sale funding mannequin turned favorite currently with $150 million in SOL being raised in no longer up to a week. It consists of merchants depositing funds to somebody’s wallet, as a replacement of a dapper contract, and hoping to receive a meme coin in alternate.
This unstable form of funding turned favorite after its first instance in 2024, the ‘E book of Meme’ token, accumulated $100 million in SOL and soared 5,000% in 72 hours. Since then, just a few assorted crypto-identified figures tried to copy this pre-sale mannequin.
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