#alert $VELVET ⚠️ PUMP & DUMP ALERT: $VELVET
Price pumped +97.82% to $1.64, but the top 10 wallets hold a staggering ~889M VELVET – likely >85% of total supply (assuming 1B supply).
Top holder alone controls 471.71M → could dump $773M worth at current price.
📉 Classic dump setup – liquidity is tiny, insiders are ready. Don't be exit liquidity.
DYOR. This is not a community token – it's a trap.
Price pumped +97.82% to $1.64, but the top 10 wallets hold a staggering ~889M VELVET – likely >85% of total supply (assuming 1B supply).
Top holder alone controls 471.71M → could dump $773M worth at current price.
📉 Classic dump setup – liquidity is tiny, insiders are ready. Don't be exit liquidity.
DYOR. This is not a community token – it's a trap.