PANews May 26 reported that whale James Wynn posted on the X platform, claiming that the FUD surrounding moonpig has reached a crazy level. The wallet rumored to be his top wallet actually belongs to a random person who cannot be contacted. This person decided to cash out, but was mistakenly identified as him. He emphasized that he has never sold a single penny of moonpig, and instead has personally funded buybacks on moonpigreserves and LP burns. Although he holds a position and is in profit on paper, these are all unrealized gains. He denies being a developer and insists he supports the project because he believes in it, emphasizing that the community is the driving force behind the project, not just him alone. At the same time, he stated that he would not use the newly accumulated fans to promote Meme coins. Market data shows that the moonpig token has dropped by 28.3% in the last 24 hours.
