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 Head of Uniswap Labs’ NFT products, Scott Gray, stirs discussion with substantial UNI token sales and meme coin purchases, drawing mixed reactions. 
 Scott Gray, the head of NFT products at Uniswap Labs, has found himself at the center of attention within the crypto community following his adventure into <a class="editor-rtfLink" href="https://thecryptobasic.com/2023/07/02/fast-rising-pepecoin-pepe-rival-targets-the-top-3-meme-coin-position/" target="_blank" rel="noopener noreferrer nofollow">meme coins </a>&nbsp;that are almost nonexistent.&nbsp; 
 The renowned on-chain analytics resource Lookonchain took to Twitter to share Gray’s recent substantial crypto deal. Specifically, the tweet revealed that Gray sold 207,166 Uniswap tokens (UNI), earning him 579 Ethereum (ETH), equivalent to an impressive $1.13 million. Notably, the sale was executed for $5.44 per UNI coin about two weeks ago. 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/Scott_eth?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Scott_eth</a> <a href="https://twitter.com/Uniswap?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@uniswap</a> <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$UNI</a> <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> 
 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> <a href="https://t.co/at992ik3Fr" rel="noopener noreferrer nofollow">https://t.co/at992ik3Fr</a> <a href="https://t.co/3Elp5eDdv6" rel="noopener noreferrer nofollow">pic.twitter.com/3Elp5eDdv6</a> 
 <a href="https://twitter.com/lookonchain/status/1681256592099123203?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 18, 2023</a> 
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 However, Gray did not stop there. His subsequent purchases raised further questions regarding his investment choices. Gray spent 20 ETH worth about $38k to acquire LootBot (LOOT) and an additional 24 ETH, approximately $46k, to acquire the peculiarly named meme token HarryPotterObamaSonic10Inu (BITCOIN). 
 According to data from CoinMarketCap, HarryPotterObamaSonic10Inu is worth $0.0000000007178, ranking at 5969 with a market cap of supposedly $196,090. A quick overview of Gray’s Twitter account shows how he exchanged ETH for the&nbsp; <a class="editor-rtfLink" href="https://thecryptobasic.com/2023/07/03/best-meme-coin-to-buy-now-all-time-guide-to-top-meme-coins-with-high-potential/" target="_blank" rel="noopener noreferrer nofollow">meme coin </a>... 
 <a href="https://thecryptobasic.com/2023/07/18/uniswap-head-of-nft-product-sells-1-13m-uni-tokens-to-aquire-meme-coins-rasing-eye-brows/" rel="noopener noreferrer nofollow">Read more</a>
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Uniswap Head of NFT Product Sells $1.13M UNI Tokens to Aquire Meme Coins, Rasing Eye Brows

TheCryptoBasic

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