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You are here: Home / Cryptocurrency News / Top 3 Lady’s Token Holders Blacklisted For Suspicious Activity

Top 3 Lady’s Token Holders Blacklisted For Suspicious Activity

By Mohammad Ali | Edited By Sahana Kiran,May 16, 2023, 4:00 PM

Lady

LADY Token’s most significant 10 token holders, excluding exchanges and contract addresses, possess a remarkable 180 trillion tokens, accounting for 20.3% of the total token supply. Recently, the three leading holders have been put on the blacklist.

DWF Labs has 30.7 trillion LADYS tokens, representing 3.5% of the token supply. It is worth noting that one of the addresses now blacklisted, called “0xAf23,” was also blacklisted previously by another token, PEPE. The holder of this address managed to sell off most of their tokens before being blacklisted by the LADYS deployer and made a profit of 52 Ethereum.

1/ Here are the top 10 holders of $LADYS(excluding exchanges and contract addresses).

They hold 180T $LADYS, 20.3% of the total supply.

The top 3 holders were added to the blacklist.

And DWF Labs holds 30.7T $LADYS, 3.5% of the total supply. pic.twitter.com/K95k0A6npW

— Lookonchain (@lookonchain) May 15, 2023

Two addresses, identified as “0x44F9” and “0x3c7A,” have made notable market moves. One bought tokens exclusively after transferring 9.78 Ethereum from another blockchain, while the other withdrew 10.89 Ethereum from Binance and used it to purchase LADYS tokens. These transactions suggest that insider trading may occur, so they were placed on a blacklist.

The activities of DWF Labs are also being questioned because two of its addresses possess a substantial amount of 30.7 trillion LADYS tokens (valued at approximately $4.5 million). Furthermore, DWF Labs’ address “0xd4b6” transferred 2.2 trillion tokens to exchanges when the token peaked. Although DWF Labs stated that this transfer was for market-making reasons, investors are worried about the LADYS token’s future due to this development.

Several addresses have earned significant profits through this token trading. For instance, address “0x3269” bought 9.17 trillion tokens for only 3.31 Ethereum, approximately $6,189, and managed to generate a profit of $1.35 million, a remarkable increase of 218 times. Similarly, address “0xc484” purchased 8.03 trillion tokens for 24 Ethereum, roughly $44,317, and earned a profit of $1.14 million, a 26-fold increase.

Is LADYS more secure than PEPE?

Several meme coins have been introduced in recent weeks, drawing inspiration from memes. The PEPE meme coin takes its name from the popular character Pepe the Frog. PEPE enjoyed a significant presence in the cryptocurrency market for a while, attracting numerous investors and making them wealthy. However, as other meme coins gained prominence, the excitement around PEPE dwindled.

PEPE has gained credibility and is listed on major exchanges such as Binance and Gemini. However, evaluating the credibility of newly established meme coins can still be difficult. Meanwhile, LADYS is relatively new and has not become as established as Pepe. 

LADYS Market Movement

LADYS now trades at $0.000000132359, representing a 9.96% daily increase. It has fallen 23% from its previous all-time high of $0.000000172607.

Related Reading: | The Ripple Effect: General Counsel Calls Out SEC’s Unfair Game Of Hide & Seek |

Source: Tradingview.com

Filed Under: Cryptocurrency News

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