How a $100K Gamble Turned into $1 Million—But Is It Genius or Devilry?

In the feverish hours before dawn, a new sensation was born—another memecoin, christened POPE, and already scandalous. They say its developers, those mysterious figures with too much caffeine and too little sleep, scooped up nearly $1 million just two hours after launch. Blockchain, that relentless tattletale, leaves nothing to imagination.

Inspired by a meme of Donald Trump regaled in papal vestments (as one does after a hard day’s golfing), POPE’s creators displayed the nimble cunning of men who know a sinking ship is at least good for a quick dive.

Picture the scene: an untouched wallet, fresh as hope itself, sips $100,000 in USDC. With the precision of a street vendor weighing potatoes, the developers pick up 5.8 million POPE tokens, then sit and wait for the price to rise like a soufflé. When it does, they don’t hesitate—they offload 1.5 million tokens at $0.286 apiece. The result? A delicious $688,000 profit, and perhaps a queasy conscience.

Yet, the wallet still brims with about $286,000 in unspent tokens, as if contemplating its next move: to rug, or not to rug, that is the question. Meanwhile, onlookers scratch their heads, wallets clenched, wondering if this is just another farce.

Despite the pope-ly meme and Trumpian flair, POPE’s only real connection to the former president is a tenuous resemblance and the promise of a swift exit. Investors? Beware: miracles are rare, and confessions are expensive. 😇💸

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2025-05-05 05:12