Odaily News According to data from GMGN, the market capitalization of the BSC ecosystem Meme coin Freedom of Money briefly surpassed $7 million and is currently reported at $6.5 million, representing a gain of over 82 times in 24 hours.
Odaily reminds users that Meme coins are subject to high price volatility; investors should be aware of the risks.
Previous news: CZ: Personal Memoir "Freedom of Money" to be Published Soon
According to Onchain Lens monitoring, within the past 9 hours, 5 million TRUMP (approximately $17.3 million) have been transferred to Binance.
On-chain data shows that the aforementioned TRUMP tokens were transferred from a team-related address to a BitGo wallet before flowing to Binance, which may be related to subsequent sell-offs. There has been no official statement regarding the movement of these funds.
Odaily News OpenAI employee Nik Pash posted on the X platform, stating that an AI trading bot he developed, named Lobstar Wilde, originally intended to send tokens worth 4 SOL (approximately $4) to a user, but accidentally sent all the tokens it held (5% of the total supply) to that user.
On-chain data shows that the bot's creator, Nik Pash, had previously deposited $50,000 worth of SOL into its wallet. Due to a misunderstanding of the API response, the bot sent 52.439 million Lobstar tokens, worth approximately $250,000 at the time, to an X platform user who claimed to need funds for a family member's medical treatment. The user who received the tokens subsequently sold all of them, which accounted for 5% of the total supply, profiting about $40,000. As the incident unfolded, the market value of these tokens has risen to over $420,000.
Currently, Lobstar Wilde is still distributing tokens worth about $500 to users on the X platform for completing specific tasks (such as throwing stones into a river or writing poetry). Some market participants have raised doubts, suggesting that AI agents might be used to conceal the true intent of fund flows and create false narratives. Market data shows that the market capitalization of Lobstar tokens once exceeded $15 million and has since declined. (The Block)
According to official news, the Meme coin TRUMP team has announced its entry into the next phase of development, focusing on enhancing market liquidity depth, expanding application scenarios, and driving long-term value growth through more disciplined capital operations. Based on community feedback, the project will simultaneously advance three initiatives: a yield and liquidity program, optimization of institutional-grade market structure, and strategic treasury management, aiming to improve trading quality and strengthen the ecosystem.
In terms of liquidity, holders will soon be able to participate in a yield program via the Kamino vault to earn TRUMP and stablecoin rewards. The related incentive pool is up to over $10 million, designed to support on-chain liquidity and DEX capital efficiency. Concurrently, new professional market makers will enhance liquidity support in both centralized and decentralized markets, improving price discovery capabilities and trade execution stability.
Furthermore, in accordance with the publicly disclosed token unlock schedule, TRUMP will strategically utilize unlocked tokens not exceeding 5% of the total supply over the coming months for ecosystem investments, partnerships, and growth initiatives. This includes an ecosystem fund of up to $3.5 million, potential acquisitions and collaborations, as well as entertainment and gaming expansions driven by The TRUMP Game Studio, with the first project being the Web3 game TRUMP Billionaires Club. The Meme coin TRUMP team stated that these measures aim to achieve higher capital efficiency, market stability, and long-term alignment with holder interests.
According to Onchain Lens monitoring, the Trump Meme team allocation wallet (9msf...Fnbq) transferred 9.089 million TRUMP to a BitGo custody wallet, with a total value of $31.45 million.
