Oppa

Memecoin

Million

<a href="https://bitcoinworld.co.in/machi-big-brothers-boba-oppa-memecoin-bobaoppa-faces-backlash-following-40-million-presale/" title="Machi Big Brother’s Boba Oppa Memecoin (BOBAOPPA) Faces Backlash Following $40 Million Presale" rel="noopener noreferrer nofollow"></a>
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 <li style="font-weight: 400">Solana-based meme coin, Boba Oppa (BOBAOPPA), created by Taiwanese blockchain personality Machi Big Brother (also known as Jeffrey Huang), has raised $40 million in its presale.</li>
</ul>
Solana-based meme coin, Boba Oppa (BOBAOPPA), created by Taiwanese blockchain personality Machi Big Brother (also known as Jeffrey Huang), has raised $40 million in its presale.&nbsp;
However, it has received backlash from some of the presale participants.
Several investors took to social media platforms to express their disappointment. One user wrote on X, “Never buying a presale ever again,” adding, “My $10K is now worth $129.00, WTF man.”&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Never buying a presale ever again
 My $10K is now worth $129.00
 WTF man <a href="https://t.co/6gtiQyHYQt" rel="noopener noreferrer nofollow">pic.twitter.com/6gtiQyHYQt</a>
 — SlumDOGE Millionaire (@ProTheDoge) <a href="https://twitter.com/ProTheDoge/status/1774887807451881481?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 1, 2024</a>
</blockquote>
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Machi Big Brother himself offered insights into the volatile trading activity, <a href="https://twitter.com/machibigbrother/status/1775078844313264385" rel="noopener noreferrer nofollow">explaining</a> that Boba Oppa operates differently from traditional meme coin pump-and-dump schemes.&nbsp;
See Also: <a class="row-title" href="https://bitcoinworld.co.in/andre-cronje-raises-concerns-over-ethena-labs-usde-stablecoin/" aria-label="“Andre Cronje Raises Concerns Over Ethena Labs’ USDe Stablecoin” (Edit)" rel="noopener noreferrer nofollow">Andre Cronje Raises Concerns Over Ethena Labs’ USDe Stablecoin</a>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Your memecoin is a pump and dump, our $BOBAOPPA is a dump and pump. We are not the same. Let that sink in. <a href="https://t.co/c0wv09vaqW" rel="noopener noreferrer nofollow">pic.twitter.com/c0wv09vaqW</a>
 — Machi Big Brother (@machibigbrother) <a href="https://twitter.com/machibigbrother/status/1775078844313264385?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 2, 2024</a>
</blockquote>
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According to Huang, Boba Oppa is a “dump-and-pump” token. He emphasized the distinction, stating, “We are not the same. Let that sink in.”
Boba Oppa meme coin started trading at a high of 0.001474 upon its launch on March 30.&nbsp;
However, it quickly plummeted by 74% to a low of 0.0003854 shortly after.&nbsp;
At the time of writing, Boba Oppa has experienced a partial recovery, with a price of $0.000813 and is trading at a fully diluted valuation of $76 million.
According to the project’s official <a href="https://t.co/9vy3BJ86Gv" rel="noopener noreferrer nofollow">website</a>,&nbsp; Boba Oppa is the son of Machi Big Brother, who embarks on a journey for generational wealth.&nbsp;
Through his trials and tribulations, he creates $BOBAOPPA, a meme coin that harnesses the power of decentralized finance (DeFi).
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote>
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The post <a href="https://bitcoinworld.co.in/machi-big-brothers-boba-oppa-memecoin-bobaoppa-faces-backlash-following-40-million-presale/" rel="noopener noreferrer nofollow">Machi Big Brother’s Boba Oppa Memecoin (BOBAOPPA) Faces Backlash Following $40 Million Presale</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Machi Big Brother’s Boba Oppa Memecoin (BOBAOPPA) Faces Backlash Following $40 Million Presale

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