Notorious celebrity meme coin creator Sahil Arora still makes his best scam with his own admission. Not only that, he followed, sparkled about the face of Olympian Caitlyn Jenner.
Arora created a Solana token with Pump.Fun using the same wallet he used to launch the Caitlyn Jenner Meme Coin last year. Coin, a co-founder and former CEO of Vinance, Ode named Broccoli of Changpeng “CZ” Zhao, reached a market capitalization of $95.7 billion in just two hours.
But one of the clusters of connected wallets that Alola claims at the time to hold more than 79% of the supply of broccoli tokens. All the tokens held in the cluster were then sold in two transactions and tumbling of the tokens was sent.
With the first set of sales, tokens plummeted more than 90%, from $9.57 billion to over $907 million in just 34 seconds. Within 30 minutes, the cluster sold the remaining tokens, keeping the price at 89% and lowering its market capitalization to $273 million. Arora praises the entire scheme. One eyebrow said he “turned the rug into an art form.”
On-Chain Analysis Company Bubble map I said Decryption The market capitalization of a token is essentially expanding due to its low liquidity. Even though I say that Bubble map I’ve confirmed it’s still a massive lag pull.
This was possible by what is called a bundle when the majority of the token supply was purchased through multiple wallets. In this case, according to Trenchradar, Arora held 79.31% of the total token supply via 15 newly created wallets.
Now Arora said Decryption That he won about $6.5 million. but Bubble map I said Decryption There is reason to believe he exaggerates his profits. The two major token dips say are the result of sales worth $3.3 million. When asked if this was his most successful scam, Alora simply said yes.
Broccoli (broccoli) then fell to a market capitalization of $96,000. As a result, according to Dex Screener, many traders are mostly red, with 100 wallets aware of losses of at least $25,000.
When asked by the person he scammed if he was feeling bad, Alora said Decryption “No, there’s a bit,” he actually texted Jenner’s management about how bragging about the scheme.
“yooooo I fired a coin from Caitlyn Jenner Wallet, which touched $10 billion,” he wrote happily. The former Olympian then posted to X, denying his involvement in the token.
“It’s all about him and has nothing to do with me,” she wrote.
Read the message here mgmt sends to pic.twitter.com/scpylh6eee
– Caitlyn Jenner (@caitlyn_jenner) February 13, 2025
For context, in May 2024, Alora launched a pump for Jenner as part of the contract. Within a day since Jenner posted her contract address on her X, the token was pushed to a market capitalization of $42.6 million. But it faced a sudden decline – now sitting at $286,000.
This is how Arora accessed the wallet where the Jenner token was released, and he deployed it.
However, Jenner is not satisfied with how things unfolded, claiming that Alora “scammed her” and that he is owing her “a lot of money.” Since then, there has been bad blood between the unlikely duo.
Interestingly, this is not the first time I’ve created a token while reusing a Jenner wallet wallet. Since creating the original Jenner tokens, the wallet has deployed 33 tokens. Most of them are related to the Jenner and Kardashian families. None of these tokens were as successful as the recent release of broccoli.
This was one of countless tokens unfolded during Meme Coin Mania, caused by Zhao’s posting an 18-month-old Belgian Marinoa dog. Due to his connection to Binance, many of these tokens were created in Binance Smart Chain (BNB) on LaunchPad 4.mem, which is probably offline due to traffic spikes.
“For those seeking a CA (contract address) from me, no, I’m not issuing meme coins. I’m just posting pictures of his name with my dog. “In the community.” Let me win the best meme coins.”
Those who bought Alora Token certainly didn’t win.
Edited by Stacy Elliott.
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