"ZachXBT's Token Triumph: Crypto Investigator Reaps Rewards on Flaunch.gg"

Generated by AI AgentCoin World
Monday, Feb 3, 2025 3:44 am ET1min read

Crypto investigator ZachXBT has been awarded a tokenized fundraising coin on the Flaunch.gg platform, with 96% of swap fees going to the investigator. The token, named ZACH, is a support fund dedicated to ZachXBT for his work in uncovering crypto-related scams and rug-pulls. Flaunch.gg is a new meme coin launch platform on the Base (BASE) network, powered by Uniswap (UNI) V4, which allows users to buy, sell, and launch tokens with 100% of the trading fees going to developers.

Since its launch on Feb. 1, ZACH has gained a market cap of around $49,300. According to data on Flaunch.gg, ZACH has yielded more than $2,000 in total revenue, with ZachXBT set to receive at least $1,920 from the 96% of revenue. In the past 24 hours, the token's price has gone down by nearly 11% and is owned by 222 holders.

Many traders have discussed the new ZachXBT token on Flaunch.gg, with some praising the platform as a better mechanism for fundraising. Ex-Polygon and current Base developer @Sir_Damilare highlighted that Zach has earned around $2,400 revenue so far. Other traders have also called the token a "new method of donation." At the time of writing, ZachXBT has not posted anything on his socials acknowledging the Flaunch token's existence or whether he has received the funds.

This is not the first time developers have launched a token dedicated to ZachXBT. In mid-January, a Solana (SOL)-based meme coin called Justice for ZachXBT or ZACHXBT was created, with the anonymous developers sending Zach 50% of the token supply. ZachXBT sold a portion of his holdings, leading to accusations of rug-pulling, which he denied. The crypto sleuth has been open about not getting paid for his past efforts in maintaining safety and transparency in the crypto community.