The two tokens, $CREAM and $Bobaoppa, under the umbrella of Maji Dage, have performed exceptionally well in the recent sluggish market, making Maji Dage proud and stating, “The coins I created have flown to the universe.”
Background:
Maji Dage retorted against cutting leeks: You only lose money if you believe in me. I will “create projects” and see you in a year. Sun Ge and I are on different levels!
Background Supplement:
Maji Dage, a big whale, bought 962 ETH to buy FRIEND: the currency price will soar to $10.
The lending platform Cream Finance, founded by Maji Dage Huang Licheng, has shown impressive price performance recently. It has surged by 43.4% within 24 hours and reached a weekly surge of 83.4%. It skyrocketed from $44.25 to over $80, with a peak of $94.14. In addition, $CREAM even surpassed Layer2 solution $ARB in the trading volume rankings on Binance.
However, it is worth mentioning that Cream Finance has been hacked multiple times. The largest attack occurred in October 2021, resulting in a loss of up to $130 million in cryptocurrency. At that time, it was the third-largest DeFi hack in history, and its governance token $CREAM also plummeted by over 50%.
According to DefiLlama data, since the $130 million hack, Cream Finance’s Total Value Locked (TVL) has plummeted from a high of $1.4 billion to only $15 million before the deadline, a decrease of more than 99.2%. The price of $CREAM has also dropped by over 75% from its historical high. The recent surge may be more like treating the token as a meme coin.
Maji Dage: I am a god, ordinary people are not worthy to talk to me!
Interestingly, the meme coin $Bobaoppa, created by Maji Dage based on his own dog, has also experienced an increase of nearly 75% since May 6th. Seeing the strong price increase, Maji Dage also stated on X platform: I have become a god!
In fact, on March 28th, when Maji Dage launched the meme coin $Bobaoppa on Solana, it caused a strong backlash from the community. At that time, Maji Dage only invested 66,999 SOL from the raised funds into the $Bobaoppa liquidity pool, while the remaining 156,300 SOL was transferred to the Solana staking platform BlazeStake, causing the community to suspect that all the funds contributed by users were taken by Maji Dage for “personal finance.”
At that time, Maji Dage said, “You should also think about why so many people are willing to lose money. Have you heard of my name? Do you believe in me?” The community responded, “Stupid X, believe in you? The money is all in your pocket.” At the same time, Maji Dage also stated that there will definitely be buy orders for $Bobaoppa in the future.
Looking back, investors who bought $Bobaoppa at a low point on May 6th would have had a good return. It is worth readers’ continuous attention to the future price trends of $CREAM and $Bobaoppa.
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