1/ How $LIBRA was created by the same team behind MELANIA and other short-lived coins
Featuring new onchain evidence
A thread with Coffeezilla 🧵 ↓
2/ There’s been speculation that MELANIA and LIBRA are tied to the same team, but without solid proof—until now.
After analyzing cross-chain transfers and timing patterns, we’re highly confident this is the case.
After analyzing cross-chain transfers and timing patterns, we’re highly confident this is the case.
3/ It all started when we investigated sniper activity on MELANIA
One address stood out: P5tb4, which made over $2.4M.
But something else caught our attention
One address stood out: P5tb4, which made over $2.4M.
But something else caught our attention
4/ This address sent all the profits to 0xcEA, a wallet linked to the creator of MELANIA
The transfer was done using USDC Cross-Chain Transfer Protocol (CCTP)
solscan.io/account/P5tb4T…
snowtrace.io/address/0xcEAe…
The transfer was done using USDC Cross-Chain Transfer Protocol (CCTP)
solscan.io/account/P5tb4T…
snowtrace.io/address/0xcEAe…
5/ There are multiple ways to connect 0xcEA with the creator of MELANIA, through funding txs and cross-chain transfers.
We’re confident these aren’t coincidental
We’re confident these aren’t coincidental
6/ This means the creator of Melania—or someone close to their team—sniped their own launch
We kept a close eye on this address to track their activity
We kept a close eye on this address to track their activity
7/ Weeks later, we noticed that 0xcEA is funding DEfcyK, the creator of $LIBRA
Yes, the same creator of LIBRA who cashed out $87M
Yes, the same creator of LIBRA who cashed out $87M
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8/ To make it worse, 0xcEA also sniped $LIBRA and made $6M in profit, using multiple side addresses funded via CCTP.
This is similar to the MELANIA case
This is similar to the MELANIA case
9/ But there’s more to the story. We’ve detected many token launches linked to 0xcEA, most of which are clear pump and dumps. Here’s some of them:
$TRUST, $KACY, $VIBES — and even $HOOD
$TRUST, $KACY, $VIBES — and even $HOOD
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10/ What have we seen today? A pattern of greed.
The creator of MELANIA / LIBRA not only launched tokens to extract value but used insider knowledge to snipe them
Making over $100M on $LIBRA alone
The creator of MELANIA / LIBRA not only launched tokens to extract value but used insider knowledge to snipe them
Making over $100M on $LIBRA alone
11/ This leaves us with one final question: who is behind these launches? KIP Protocol, Kelsier Ventures, Hayden Davis?
Tune into Coffezilla’s latest video to find out
Tune into Coffezilla’s latest video to find out
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