GoPlus: The sharp drop in HNUT was manipulated by a scam organization, using the same method that has already accumulated 3.7 million dollars

Foresight News reported that GoPlus published an analysis on the reasons behind the sharp plunge of the HNUT token. The account @ShittymikeSol tweeted on December 29, 2025, claiming it was his first real Alpha trade, achieving a maximum profit of $200,000 by investing $500 in HNUT, and closing the position the next day for a profit of about $700,000, a gain of approximately 1,400 times. However, community feedback indicated that HNUT had plummeted by 99.99%. After launching an investigation, no evidence of profit or association was found. By tracking the addresses of early large transactions, GoPlus discovered that the source of funds was linked to a wallet address disclosed in August, and these addresses had created multiple meme tokens using similar methods. Ultimately, all remaining funds were consolidated into an address holding $3.7 million.

It is worth noting that these related addresses created SHEKER, Gonk, MADURO, FAFO, Trump, DIM, TRUMP2, BANGER, Lily, ROY, horge, WhiteShark, TRUMP, bork, bonkdog, BITPEPE, and more using the same method. Each meme coin experienced a “guillotine/Super Mario-style” crash of 99%, and all remaining Dev funds and insider trading profits were consolidated into an address starting with “2hnA”.