Dave Portnoy Makes $258k in GREED Memecoin, Launches GREED2
Fashionable American businessman and social media persona, Dave Portnoy has revamped $258k by promoting 357.92 million GREED, a memecoin he launched himself. Dave purchased 35.79% token provide after creating it and offered it multi functional transaction, inflicting the GREED worth to crash by 99% in minutes.
Not stopping there, Portnoy has launched GREED2 memecoin and purchased 26.8% provide. Onchain evaluation platform Lookonchain has famous out this potential rip-off and has warned customers to pay attention to danger and preserve their funds protected.
Whereas launching memecoin, Portnoy claimed that the memecoin neighborhood is stuffed with greed and everyone is attempting to make fast cash. The launch from the entrepreneur comes after he reportedly loses over $5 million in LIBRA token scam.
“There are many folks within the meme coin world who attempt to act like they’re the ethical authority when all they wish to do is dump on you and make straightforward cash,” he stated, “the complete ecosystem is Greed and nothing else.”
He additionally warned buyers to not danger greater than what they will afford to lose. “Don’t cry should you do lose. That is your world you created. Now dance for me!!!!,” he mocked.
The crypto neighborhood is presently abuzz with LIBRA token scandal and memecoin scams are ever growing with GREED including a brand new chapter to the historical past.
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