Huang raised $40 million from the coin's presale just days earlier.
) memecoin created by Taiwanese music celebrity and blockchain personality Machi Big Brother , has taken tokenholders on a rollercoaster ride after a $40 million presale.on April 2, the Bobaoppa memecoin opened at a high of 0.001474 at launch on March 30 before plunging 74% to a low of 0.0003854 shortly after. At the time of publication, the Bobaoppa token has somewhat recovered with a price of $0.0007194.
But the biggest insight into the wild trading action came from Machi Big Brother himself, who explained that unlike a traditional memecoin pump-and-dump scheme, Bobaoppa is instead a “dump-and-pump" token. “We are not the same. Let that sink in,” Huang. “Can I make back the $29977 I lost through the passive income?” asked one user regarding the Bobaoppa price variance.
Inspired by the recent surge of canine-themed Solana memecoins, Huang created the Bobaoppa token, too, with a backstory. According to the project's official "Once upon a time, Boba Oppa, son of Machi Big Brother, set out on a journey for generational wealth and to lose his virginity. Through his trials and tribulations he created $BOBAOPPA, the memecoin that harnesses the power of DeFi."Bitcoin resets bull market BTC price metrics as April dip passes 7%
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