Siqi Chen provocó otro momento caótico en los círculos de tokens de memes, luego de lanzar el token Zero (ZERO). Luego emitió una orden de venta, alegando que fue un error, luego volvió a comprar y quemó sus ganancias.
Siqi Chen, director ejecutivo de Runway y cofundador de Serious Business, volvió a provocar el caos en el mundo de los meme tokens. Un tirón de alfombra y un token que llega a cero no se notarían si no fuera por el perfil público de Chen y las recientes pérdidas del token MIRA. MIRA se lanzó el 25 de diciembre y otorgó una parte de los tokens a Chen. Esa participación se expandió brevemente de alrededor de $440 mil a $6 millones en valor nominal, impulsada por la publicidad de pertenecer a una organización benéfica legítima de investigación del cáncer.
Chen lanzó ZERO con una advertencia de que es un token de prueba que bajaría a cero. Dado que el comercio de tokens meme a menudo utiliza bots, de hecho hubo órdenes de compra, lo que inmediatamente inyectó liquidez SOL y aumentó el valor del token. Chen en un momento vendió ZERO, adquiriendo 444 SOL, luego revirtió eso y demostró que no tenía ganancias.
entonces lancé un token de prueba llamado zero, con la descripción: “esto va a cero… no lo compres” pensando que la gente lo leería y no lo compraría.
No esperaba que todos pudieran verlo y comprarlo; pensé que era algo sobre lo que habría necesitado twittear... pic.twitter.com/bH4b0PIlJH
– Siqi Chen (@blader) 30 de diciembre de 2024
On-chain researcher ZachXBT raised objections, showing that Chen also bought another token, ChAIrity, also placing a sell order that crashed the price. After the second token launch, however, Chen has stated he is ready to make some of the losing parties whole, despite the token warnings. Others warned Chen to avoid paying those that claim ZERO caused losses, as the token had a clear warning. No payments or compensation has been offered for MIRA traders, who managed to take much more significant profits.
The ZERO token still holds $141K in liquidity, and has not actually gone to zero. Since bots and irrational buyers are always active, the asset may see ongoing activity and not be abandoned. Until then, ZERO may continue to lead to losses, or put pressure on Chen to recover the damages.
The older MIRA token continues to slide, showing that mixing charity and meme token trading has a big downside. MIRA pumped again to $0.026, then erased 50% of its value to $0.013. The token has only $814K in liquidity and has survived for several days.
Chen has warned he expects the token to go to zero, as he continued selling to take profits for his cancer research charity. At the same time, early buyers blamed him for not warning about potential losses. Whales were also easily taking profit, benefitting from the charity hype.
Initially, Chen said he did not mind the profit potential of MIRA, despite causing losses for the community. Some of the early wallets achieved profits of over $480K, essentially taking away funds that some buyers thought would go to charity. While MIRA was more efficient than the GoFundMe approach, it also led to great inefficiencies as traders sold their early positions.
Despite whale selling, and despite warnings that Chen would liquidate his entire share of MIRA, the token may continue to trade. MIRA was added as one of the daily selections of Binance Alpha, allowing for fast purchases.
MIRA has already spread to 11,944 holders, and new whales have appeared. The token also sees activity from high-volume clusters. The clusters are unrelated to Chen’s known wallet.
As of December 31, part of the donation is still in Chen’s wallet, valued at around $1.1M after the recent price slide. MIRA can only be sold in small batches, due to its low liquidity. The token still lacks market-makers, and there is no long-term strategy for continuing its charity purpose.
With MIRA and ZERO, Chen may find himself involved with an unintended crypto community, who may continue to pump the token and demand exposure.
After the introduction of MIRA, the brief charity token trend subsided. The one asset that remained more active was ChAIrity, with only $50K in liquidity. The token pumped briefly, then lost more than 90% of its value as most of the holders were selling. Even those that wanted to donate to charity were reluctant to give up their funds to whales, instead of an actual charity.
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