Part 2/7:
During a live stream, Tate promoted various meme coins, notably "Daddy" and "R," sparking the curiosity of many in the crypto community about the potential profitability of these tokens. For those unfamiliar, a "pump and dump" refers to a scheme where the price of a coin is artificially inflated, allowing insiders to sell at high prices, leaving latecomers with devalued assets.
The author of this article, associated with Handsome Finance, leverages blockchain transparency to scrutinize the trading activity surrounding Tate's live stream. By using on-chain analysis—a method of investigating blockchain transactions—the article aims to paint a clearer picture of the financial behaviors exhibited by all parties involved.