The POPE team sold 1.5 million POPEs at an average price of $0.286, earning over $1 million in profit within 2 hours

According to BlockBeats, on May 3rd, according to Lookonchain monitoring, Pope Meme Coin POPE DEV/insiders earned over $1 million in just 2 hours. The POPE team created a new wallet and immediately spent 100000 USDC to purchase 5.8 million POPEs after the token was launched, becoming the earliest buyer. Subsequently, they sold 1.5 million POPEs (worth approximately $428000) at an average price of $0.286, and currently hold 4.3 million POPEs (worth approximately $685000).