Friendly Reminder:~
Not every KOL is your best friend or enemy.
But you cannot trust anyone blindly if you are in Crypto.
Make sure you are following the real Alphas.
What happened with $ALT is a harsh reminder of how insider-driven pump-and-dumps still thrive in crypto even in 2025.
On July 14, $ALT collapsed from a $190M market cap to just $3M.
Over 45 wallets connected to insiders dumped $11M+ worth of tokens in a coordinated exit.
The price fell from $0.19 to $0.003 in hours.
This wasn’t organic everything was pre- plan.
You know the worst part?
Influencers like @CryptoBeastReal had been aggressively promoting $ALT across X and Telegram then quietly deleted their posts once the crash hit.
They have denied involvement.
But the blockchain says otherwise.
One of their previously public wallets, now deleted from socials, is directly linked to the initial token allocations and movements tied to insider selloffs.
And if you dig through X, this isn’t new.
Past rugs like $ALPHA, $RICH, $YE, $RUG, $ACE all follow the same pattern
Hype the token
Drive volume
Sell into community buys
Delete posts
Deny everything
You know the lesson?
Always check wallets.
Always question hype.
Always trace on-chain.
Blockchain doesn’t lie people do.
