He Rugged His Followers After a $13M Bribe
51sThe apparent scam of hyping a coin then crashing it to zero is a highly controversial betrayal that drives outrage and shares.
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This video breaks down a controversial meme coin event where an influencer pumped the Ansem coin, accepted $13 million of TJR tokens from its developer, promoted TJR, and then crashed it to zero while rotating the proceeds into Ansem. It highlights the power dynamics between influencers, developers, and retail investors in crypto.
Chapters
[00:01]
Ansem coin blasted to $100M
An influencer's shout-out sent the Ansem coin's market cap above $100 million, kicking off the drama.
[00:13]
$13M TJR token payment revealed
The developer behind the Ansem coin reportedly sent the influencer $13 million of a TJR token to secure promotion, including a retweet of the MoonShot listing, airdrops, TikToks, and general hype.
[00:26]
TJR crashed to zero
On the next stream the influencer dumped TJR completely, declaring, "We only need one coin and that should be Ansem."
[00:39]
Fees rotated into Ansem
The fees made from TJR were used to buy into the Ansem chart, pushing the coin past a $160 million market cap and delighting Ansem holders.
[00:51]
Retail holders abandoned
The narrator questions what happens to TJR holders who followed the influencer's hype, and doubts that his Ansem holdings come from a single verifiable wallet.
The video paints a cautionary picture of influencer-driven meme coin markets, where paid promotions can turn retail holders into exit liquidity. Whether the influencer's motives are genuine or purely profit-driven, the pattern is a familiar one.
Mentioned in this Video
Study Flashcards (6)
What market cap did the Ansem coin reach after being blasted by the influencer?
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What market cap did the Ansem coin reach after being blasted by the influencer?
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Over $100 million.
00:01
How much TJR token did the developer send to the influencer?
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How much TJR token did the developer send to the influencer?
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$13 million worth of TJR token.
00:13
What promotional actions did the influencer promise for the TJR token?
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What promotional actions did the influencer promise for the TJR token?
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Retweeting the MoonShot listing, airdropping free money to followers, making TikTok videos, and hyping the coin.
00:13
What did the influencer say on the next stream after crashing TJR?
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What did the influencer say on the next stream after crashing TJR?
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That only one coin is needed and that should be Ansem.
00:26
What is the influencer doing with fees from TJR?
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What is the influencer doing with fees from TJR?
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Using them to buy into the Ansem chart.
00:26
What market cap did Ansem break after the move?
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What market cap did Ansem break after the move?
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$160 million.
00:39
💡 Key Takeaways
💡
Meme coin pump dynamics
Illustrates how a single influencer blast can push a coin past $100 million market cap in seconds.
00:01
📊
Paid promotion disguised as endorsement
Shows the common practice of developers paying influencers with tokens for hype.
00:13
💡
The flip: from hype to dump
Demonstrates how influencers can abandon one coin for another while profiting from fees.
00:26
⚖️
Questioning influencer claims
Raises a critical warning that influencers' promises to never sell should be treated with skepticism.
00:51Full Transcript
[00:01] another meme coin pump and dump. He started off by Todd blasting into Ansem, sending it over a $100 million market cap. However, when the dev behind the cap. However, when the dev behind the Ansem coin sent him $13 million of a TJR
[00:13] token, he endorsed it by retweeting the moon shot listing, said he'd air drop money for free to his followers, he'd make Tik Toks about it, he'd hype it up unfortunately, the next stream was him sending the coin to zero, saying that we
[00:26] only need one coin and that should be Ansem. Now, he's using all the fees he made in the TJR coin to put it into the Ansem chart. So, Ansem holders are really happy. Their coin just broke a 160 mil market cap. Banks, Ansem, and
[00:39] their whole crew are saying this was the right move. But what about all the holders that he personally led to the slaughter hyping up the TJR coin. And despite him saying he'll never sell his Ansem holdings, if you think this is his
[00:51] only wallet, if you think he's not making a dollar on the Ansem coin, and his heart or to save the trenches or whatever, I don't know what to tell you.
