$DONT Token Sees 276× Gains Amid Insider Trading Claims

2026-01-23 05:20:24

Source: Coinomedia Original Title: $DONT Token Sees 276× Gains Amid Insider Trading Claims Original Link: https://coinomedia.com/dont-token-sees-276x-gains-amid-insider-trading-claims/

Suspicious Gains: From $4K to $1.13M in Hours

In a jaw-dropping crypto move, an anonymous wallet turned just $4,100 into a massive $1.13 million in under 3 hours through trading the newly launched $DONT token. The wallet, identified as z5m3Ja, purchased 29.08 billion $DONT tokens right before a major announcement by a Nasdaq-listed company introducing the token.

The timing of the transaction — just before the public launch — and the fact that the wallet had no prior activity for over three months, has raised serious concerns of insider trading within the crypto community.

Wallet Activity Suggests Insider Involvement

What’s striking about this event isn’t just the huge gain, but the wallet’s behavior. Before buying $DONT, z5m3Ja was inactive and had no other recent trading history. In fact, the wallet has only interacted with the $DONT token, further intensifying speculation that it may be tied to someone with early access or inside information about the token’s launch.

Since the purchase, the wallet has sold off 10.6 billion $DONT tokens for around $182,000. It still holds 18.5 billion tokens, valued at approximately $955,000 at the time of writing — bringing the total profit to $1.13 million.

Someone turned $4.1K into $1.13M on $DONT in just 3 hours — a 276× return!

Before the announcement, wallet z5m3Ja spent $4.1K to buy 29.08B $DONT tokens. Interestingly, this wallet had been inactive for 3 months before buying $DONT.

Market Reaction and Regulatory Questions

The explosive 276× return and suspicious wallet behavior have raised questions about transparency and fair access in token launches — especially when corporate-backed tokens are involved. If the wallet is indeed linked to someone with privileged access to launch details, it could spark regulatory attention and damage public trust in the project.

Such cases highlight the ongoing need for greater transparency and anti-insider measures in the crypto space, especially as traditional finance firms enter the Web3 world.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.