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Perspective AI|Feb 19, 2025 08:47
🚨 Here's $Greed for you:
Dave Portnoy created $Greed, owning 35.79% of the supply.
He sold all 357.92M $Greed, crashing its price by 99%.
Portnoy profited ~258K from selling $Greed.
He then created $Greed2, holding 26.8% of its supply.
Investors should be cautious of such volatile meme tokens.
This incident exemplifies risks in the crypto market.
Pump and dump schemes can lead to significant financial losses.
Always do your own research before investing in meme coins.
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