ZachXBT: The team behind the PRESI token purchased 90% of the token supply during the presale

ChainCatcher news, internet-famous rapper Sexyy Red launched the PRESI token earlier today, referencing a post by @shrebobo, which stated that a trader bought $3,664 of PRESI at the lowest point and sold it for $57,000 during the first surge.

On the X platform, on-chain detective ZachXBT commented: "Your team apparently bought around 90% of the total supply of PRESI during the presale. Not to mention that you launched another token just an hour before this, which they also bought 82% of. The post you just quoted about the address selling $50,000 worth of tokens is also likely from your development team, as they purchased and obtained new funds from ChangeNow at exactly the same time as your deployer."

It is reported that Sexyy Red has 1.7 million followers on the X platform.