Token

Jupiter

<div class="key-points-section"><strong>Key Points:</strong><ul><li>Jupiter voids WET sale, refunds participants over botting issues.</li><li>WET public sale restarts December 8, 2023.</li><li>Bubblemaps identifies snipe attempt by "Ramarxyz."</li></ul></div><p>Jupiter's WET public sale will relaunch on December 8 at 11 PM (UTC+8), following a voided initial sale, with all prior participants refunded and allocations preserved.</p><p>The relaunch addresses fair distribution, after analytics revealed over 70% token acquisition by a single entity, "Ramarxyz," prompting new anti-bot measures to ensure equitable access.</p><h2 id="bot-detection-halts-wet-token-sale">Bot Detection Halts WET Token Sale</h2><p>Jupiter discovered a bot-related issue, resulting in the voiding of the initial <strong>WET token sale</strong>. According to their X account, the responsible party, identified by Bubblemaps as <strong>"Ramarxyz,"</strong> used over 1,000 wallets to purchase 70% of presale tokens.</p><p><strong>All participants in the December 4 sale</strong> will receive refunds in USDC, and a new public sale will be conducted. The new WET tokens will replace the old ones, <strong>ensuring the integrity of the relaunch.</strong></p><blockquote> "We have identified the WET token sniper 'Ramarxyz' who used over 1000 wallets to purchase 70% of the HumidiFi presale tokens and then demanded refunds."
</blockquote><p>The revelation of <strong>bot activity</strong> prompted swift action from Jupiter, with additional <strong><a href="https://coincu.com/analysis/sol-breakout-alert-eyes-on-126/" rel="noopener noreferrer nofollow">anti-bot measures</a></strong> slated for the new sale. No regulatory actions have been announced, highlighting a community-driven response.</p><h2 id="wet-sale-relaunch-scheduled-for-december-8">WET Sale Relaunch Scheduled for December 8</h2><p><strong>Did you know?</strong> Similar instances of botting have occurred in DeFi launches, but few have resulted in full refunds, showcasing Jupiter's commitment to transparency and fairness.</p><p>WeShow Token (WET) has shown price fluctuations with a 24-hour change of 1.62% and a 90-day decline of 4.36%, according to CoinMarketCap. The current market cap and trading volume are reported as zero, reflecting its non-circulating status.</p><figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2025/12/WeShow-Token-daily-chart-on-0959-UTC-on-October-11-2021file-1.jpeg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2025/12/WeShow-Token-daily-chart-on-0959-UTC-on-October-11-2021file-1.jpeg" alt="weshow-token-daily-chart-2" class="wp-image-381858"></a><figcaption class="wp-element-caption"> WeShow Token(WET), daily chart, screenshot on CoinMarketCap at 09:59 UTC on October 11, 2021. <em>Source: <a href="https://coinmarketcap.com/currencies/weshow-token/" rel="noopener noreferrer nofollow">CoinMarketCap</a></em></figcaption></figure><p>Insights from <strong><a href="https://coincu.com/news/uae-defi-regulations-massive-fines/" rel="noopener noreferrer nofollow">Coincu suggest</a></strong> that Jupiter's decision to refund participants and employ anti-bot strategies might set new industry standards for transparency in token sales, potentially influencing future <a href="https://lookonchain.com/feeds/39432" rel="noopener noreferrer nofollow">DeFi protocols</a>.</p><figure class="wp-block-table"><table class="has-luminous-vivid-orange-color has-text-color has-link-color has-fixed-layout"><tbody><tr><td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow"> this website</a> is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td></tr></tbody></table></figure><a href="https://coincu.com/uncategorized/jupiter-restarts-wet-public-sale/" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

Jupiter Identifies Token Sniping, Restarts WET Public Sale

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