$CLOCKIN launch draws scrutiny after seven wallets buy nearly 37% in first block

$CLOCKIN, a memecoin themed around leaving the nine-to-five, attracted early discussion in Robinhood community chats and became the first token launched through StonkBroker's Stonk Launcher on Robinhood Chain. Seven wallets reportedly bought nearly 37% of its supply within the first block, pushing it toward a graduation threshold of about $750,000 in market capitalization in less than 100 milliseconds. The wallets' possible connection to the project team has not been independently verified. The launch used a 33% anti-sniper tax designed to decline by 1 percentage point each minute and reach zero after 33 minutes or when the token bonded at a $750,000 market cap. OpenSea data for August 20 at 12:17 pm UTC showed a price of about $0.0006461, a fully diluted valuation of approximately $920,600, 24-hour volume of around $181,100 and 26,668 holders. Earlier monitoring by Odaily Meme Express reported a $2.49 million market capitalization, a figure that may reflect a different time or valuation measure. Community members have alleged a potential rug pull, but there is no verified evidence that the team orchestrated the purchases, manipulated the market or deliberately caused investor losses.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.