The meme creator said he doesn’t have hands so he can’t rug, he lied

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A man who claims to have no hands has started a Twitch live stream to encourage cryptocurrency users to invest in his hands Solana Mimi coin last weekend — because without the hands, he claimed, he wouldn’t have been able to pull off the project and bail on the proceeds.

“I don’t have hands, I can’t help you guys, calm down,” the developer’s Twitch channel NoHandsNoRug announced forcefully.

Can you guess what happened just three minutes into the broadcast?

According to many attendees of the live broadcast that took place on Sunday, the currency, the handsI started accumulating cash. That is until the coin’s virtual creator, standing in a bedroom with a sign tucked under his chin, revealed two arms hidden behind his back — before quickly running to his computer and instantly using his newfound hands and fingers to withdraw liquidity from the coin. project.

This exploit, which took about three seconds to execute, immediately drained all liquidity from the token, leaving holders empty-handed.

This isn’t the first time a nefarious cryptocurrency user has taken advantage of a live stream to drum up excitement for a new meme coin. Last week, a mother performed sexually suggestive acts on her son’s live stream allegedly to pump up his meme currency. Lifemombefore the duo appears for the token mat.

This week’s less graphic sleight of hand may not be as well It surprised all the spectators. Before the live broadcast, one cryptocurrency user asked a very fair question: “How did the token get published then?”

“Dick,” another user replied.

In total, the NoHands developer received about 7 SOLs, which were worth barely over $1,000 at the time.

But in cryptocurrencies, one dignitary’s trash can always become another’s treasure. After a clip of the reveal of the dastardly developer’s hand (also known as X) began circulating on Twitter, it quickly attracted attention.

Within a day, I told a group of four anonymous friends Decryption They began a community takeover of HANDS, confident that it had achieved enough notoriety as a meme to become a meme currency with real staying power. They say they don’t have a large amount of token, but they have focused their efforts on expanding NoHandsNoRug’s social media presence.

On Monday, they started Twitter account the Telegram account for the token; Other community members are already creating a website. Since Monday, the token has seen trading volume of around $552,000; Today the market value has dropped to about $16,000.

The so-called new leadership of HANDS says it is taking steps to prevent the token from becoming powerful by burning its liquidity. according to DexScreenerHowever, an anonymous cryptocurrency trader currently owns about a third of the total token supply. To be clear, coins like HANDS can easily be withdrawn by large holders, assuming they can find liquidity to trade.

Wusi, a pseudonymous cryptocurrency user who purchased HANDS during the developer’s initial livestream, said: Decryption They lost 1 SOL when the token was solid.

They have since reinvested 2 SOL back into the project.

Edited by Andrew Hayward

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