Back in 2021 BSC mania I was approached by the founder of MoneyShot which was a token tied to the adult industry. Dev wanted exposure through my Twitter account and as part of that he sent me 5 billion HOT tokens at launch
My % was valued at around 1 dollar (LOL)
I remember looking into the project and getting a bad feeling about it. I didn’t like the adult narrative and the dev seemed far more excited about rugging my audience than building an actual product
I decided I wanted nothing to do with it but I already held a measly 1 dollar in worthless tokens
Most people would’ve just held them and sold at the first pump
Instead I decided to just give them all away
All 5 billion of them…
THE ENTIRE ONE DOLLAR ????
I started sending millions of HOT tokens to random followers and community members
My thinking was if this thing is going to end badly I’d rather the community have some fun with these tokens than sit on a giant allocation from a founder I don’t trust
The giveaway itself created attention
Twitter started talking about HOT
Holder counts exploded
Transactions exploded
More people discovered the token
The chart started moving
HOT went from 9->4 zeros
So from around 0.0000000002 to roughly 0.00002
A 100,000x move
Yes you read that correctly, a one hundred thousand X
So that 5 billion HOT I’d originally been given was worth around $100,000 at the peak
Except I didn’t own them anymore
I’d already given them all away
So while everyone else was celebrating the pump I was sitting there watching a 6 figure position that “could’ve” been mine
Eventually the token collapsed and everyone started dumping on each other
Accusations started flying and somehow I ended up being blamed despite the fact I never sold a single HOT token because I no longer had any
Dev was calling me on telegram from Australia threatening to kill me??? ????
To this day I think it’s one of the funniest and most absurd lessons I’ve learned in crypto
I tried to stop a founder from eventually dumping a giant allocation on people by giving the bag away
The giveaway itself helped create the hype that sent the token vertical but put me in the spotlight as the “shiller”
And the one person who didn’t make any money from it was me
But I held ALL the corn for the downfall
Moral of the story, if anyone gives you a dollar, treat it like $100k ????
Has anyone else got a crypto story this ridiculous?
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