Is there any chance to pump #MMT and touch $1?

The largest home of DeFi protocol on @SuiNetwork turned out to be largest grift - cash grab

after 1.4k% crime pump in Momentum finance $MMT
{spot}(MMTUSDT)
:
$0.3 > $4.6 > sudden crash

within 26 hrs insiders activities started forming multiple clusters at the same time to dump tokens on multiple cex - the patterns were similar in all clusters :

(1:receive-tokens, 2:send[dump-on-cex]) - the wallets that were being used to received and send tokens out were funded from a binance hot wallet in same time window

wallets holding $600M worth (ath) MMT tokens were sent to exchanges including Binance, Kucoin and UPbit

Cluster 1 :

a wallet (0x5b523) sent more than $400M worth MMT tokens to binance

which followed a sudden 85% crash happened after $160M worth tokens were sent out to dex POOL, upbit and kuCoin

an insider wallet address received more than 270M MMT worth tokens (27% of the total supply) :

tx :
72WdAGDVEYpzeZsu45Ax2xHSwHSGgJ6ywn9o6ptz1k4V

currently controls 18% of total supply

after some time it slowly started sending out tokens in small batces of 15M, 4M, 20M etc to different wallets (again which were funded by a binance wallet) to dump tokens on cex

Cluster 2 :

in the same time gap another batches started forming up - 68M tokens were being transferred in multiple wallets all activities linked to same eoa :

0x6ed7037a19271bc46df6fa9e66ebec39f6f65343fa85948193b7dbe65a80d70c

there are more similar clusters which were all carried out 30hrs of the sudden pump and dump

this resulted in liquidations of millions of shorts on multiple centralized exchanges, people faced losses (both in lp deposition and trades that were manipulated)

even right now more than 80% of circulating supply is being controlled by top 10 wallets - be cautious from future manipulations

stay safe