Insider Selling Hits MAGA Token on Ethereum, Price Declines

Lookonchain, an on-chain analytics platform, has identified significant insider selling activity affecting the MEMEcoin ($MAGA) on the Ethereum blockchain. According to their report, an insider utilized 22 separate wallets to acquire an initial holding of 140.4 billion MAGA tokens, representing one-third (33.37%) of the total supply, for a mere 5.35 ETH (approximately $19,586). Subsequently,... source: https://coinedition.com/insider-selling-hits-maga-token-on-ethereum-price-declines/