Loading...
Market
SEC involvement in $WATER token investigation by end of 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Official communication from the SEC or related regulatory body
Story
WaterMemeCoin Raises 250,000 SOL in Presale, Hits $1.1B Market Cap on Raydium Amid Wallet Concerns
Jun 24, 2024, 03:13 PM
The launch of WaterMemeCoin ($WATER) on the Solana blockchain has garnered significant attention, raising over 250,000 SOL in a presale that concluded in just 180 seconds. The presale hard cap was subsequently increased to 255,706 SOL. Upon its debut on Raydium at 3 PM UTC, $WATER achieved a market cap of $1.1 billion, with initial trading pushing the market cap to $600 million. However, concerns have arisen as the development team transferred 844.44 million $WATER to 11 new wallets, which did not participate in the presale. These wallets have sold $WATER, accumulating more than 18,600 SOL ($2.35 million).
View original story
Similar markets
No legal action • 25%
Civil lawsuits filed • 25%
Criminal charges filed • 25%
Settlements reached • 25%
No action taken • 25%
New regulations implemented • 25%
Fines imposed • 25%
Other • 25%
Yes • 50%
No • 50%
Fines imposed • 25%
Cease and desist orders • 25%
No action taken • 25%
Other penalties • 25%
Settlement reached • 25%
Immutable wins case • 25%
SEC wins case • 25%
Case dismissed • 25%
New lawsuit against another firm • 25%
New regulations introduced • 25%
Guidance issued without legal action • 25%
No action taken • 25%
Below $50 million • 25%
$50 million to $100 million • 25%
$100 million to $200 million • 25%
Above $200 million • 25%
Yes • 50%
No • 50%
Above $10 • 25%
Below $1 • 25%
$1 to $5 • 25%
$5 to $10 • 25%
