Guys how is it possible for a wallet holding 1% of the total supply of a token (81% is in the contract and dev wallet) to sell for the total value of the liquidity pool?
Jun 13, 2021, 10:57 AM
is total pool 1% ?
Jun 13, 2021, 10:58 AM
LP was worth 13k $, devs said that that wallet only bought 70$ worth of tokens. He's claiming that wallet used the skim function on pancakeswap to sell for a value higher than the token's
How is that even possible?
Jun 13, 2021, 10:59 AM
no wait I don't understand
what happened
Jun 13, 2021, 10:59 AM
Can i send a couple transaction hashes?
Devs create the Liquidity Pool: https://bscscan.com/tx/0xef9a7b04f0cea7a05ad09320254589aadd3d63a014b2f7b997bd9de5a2128955
A minute later this wallet sells for the total value of the LP: https://bscscan.com/tx/0x0833f5a7b88983fa2926522ae4dea33bb385821e4296588a20840841923f1a47
Jun 13, 2021, 11:00 AM
Liquidity:
14,215,018,867
Tokens sold:
123,076,923,076
14,215,018,867
Tokens sold:
123,076,923,076
where is the "bug" ?
look at this scam
the deployed sent the whole supply to this
0xbf8667dd6fd3189d5092ad450be20cd39fa8b881 wallet
0xbf8667dd6fd3189d5092ad450be20cd39fa8b881 wallet
this wallet sent tokens to this wallet who made this transaction
Jun 13, 2021, 11:08 AM
Yeah that's the exact thing i found out. The dev though keeps claiming that the tokens sold weren't worth 12k and that the wallet shouldn't have been able to sell for that price
Jun 13, 2021, 11:09 AM
there is no dev anyway
CoinToken is a website I think
Jun 13, 2021, 11:09 AM
Yeah technically it's a Safemoon copy/paste and was deployed through that website
Jun 13, 2021, 11:09 AM
yes
Jun 13, 2021, 11:10 AM
So liquidity wasn't simply high enough?
Jun 13, 2021, 11:11 AM
I don't see any problems.
If you see he sold more tokens than initial liquidity rate
If you see he sold more tokens than initial liquidity rate
Jun 13, 2021, 11:12 AM
Ok, but we have no way of knowing if that wallet is controlled by the dev or a user who got lucky and sold before everyone else?
Jun 13, 2021, 11:13 AM
yes it is
https://bscscan.com/tx/0xded1590b755e6e8ccf0bfba3d4a179fb93456ab6266be3e70153171eb5af13ad
this is the dev address
https://bscscan.com/tx/0xe90c4f059f2d5a2fbde900d5f788f06f41b616d646c7c14279ecde3b994244ae
this is the transaction where dev sent tokens to the "luckyy" seller
Jun 13, 2021, 11:16 AM
They did a presale, so that could have been a user, right?
Jun 13, 2021, 11:17 AM