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Not too sure... I believe it was a very well played pump and dumb. I have a couple theories behind a lot of the new tokens/meme coins listed on moonshot and im pretty sure im not wrong. The creator of OILX purchased around $3000 worth at creation and most definitely purchased much more incrementally. I believe the first group of holders were all employees of the Edge Energy oil company and each employee probably accumulated 5k worth at a minimum. There were nearly ZERO sales of the coin the entire time until it hit the 4.8M MC and then it dropped to 3M and then back up to 4.2M followed by the next drop which continued and still is. $3000 turned into about 1.5M and that was the big drop and the dev didnt just have $3000 worth, probably around $20000 or more put in while the MC was still under 100k. The DEV walked away with probably 2 million and the co workers made 1-2million combined together... the remaining 1.1m MC that it is now is compromised of the rest of the people that bought in with the majority losing money. The DEV and co workers probably still hold some tokens still but they offloaded the majority taking a very sizeable profit. The reason it went up from 8k to 4.8M mc with nearly no large dips beforehand is because the majority holders early investments accounted for 75% of the total MC. Just think about it, the first 20 holders all purchase $2500-5000 worth and not in single buys, its done in multiple small amounts not to draw suspicion of someone owning so much when the MC is small. And then other holders are actually ghost accounts that airdrops were sent to but the MC keeps growing and then gets the attention of others and they start to buy in. Then boom, the initial holders all make 100-500k paydays and with the DEV making 2M
OILX (Oil Exchange) isn’t just another meme — it launched 6 days ago on Moonshot and already has a unique story tied to real-world energy markets. Community members have been talking with the founder, who’s said to be involved in the oil field industry. The storyline is that he sells small chunks of stock from his oil company, buys crude oil barrels, flips them for profit, and cycles those profits back into OILX. Whether you see it as literal or just a strong brand narrative, it’s a unique angle that sets OILX apart from the endless cookie-cutter meme tokens. ⸻ Key Stats (as of today): • Market Cap: ~$1.9M • 24h Volume: ~$117K • Holders: 528 • Supply: 1B OILX ⸻ Why OILX is Getting Attention: • Unique theme: Oil profits → crypto → OILX growth. • Traction: 528 holders in less than a week, with nearly $2M MC. • Momentum: $117K daily volume signals real activity. • Platform: Built on Solana via Moonshot — fast and low fees. Risks: It’s only 6 days old. Anon founder. No CEX listings yet. High volatility. ⸻ How to Buy: • Available on Moonshot (Solana). • Contract is on the Moonshot OILX listing — always verify before buying.
OILX (Oil Exchange) isn’t just another meme — it launched 6 days ago on Moonshot and already has a unique story tied to real-world energy markets. Community members have been talking with the founder, who’s said to be involved in the oil field industry. The storyline is that he sells small chunks of stock from his oil company, buys crude oil barrels, flips them for profit, and cycles those profits back into OILX. Whether you see it as literal or just a strong brand narrative, it’s a unique angle that sets OILX apart from the endless cookie-cutter meme tokens. ⸻ Key Stats (as of today): • Market Cap: ~$1.9M • 24h Volume: ~$117K • Holders: 528 • Supply: 1B OILX ⸻ Why OILX is Getting Attention: • Unique theme: Oil profits → crypto → OILX growth. • Traction: 528 holders in less than a week, with nearly $2M MC. • Momentum: $117K daily volume signals real activity. • Platform: Built on Solana via Moonshot — fast and low fees. Risks: It’s only 6 days old. Anon founder. No CEX listings yet. High volatility. ⸻ How to Buy: • Available on Moonshot (Solana). • Contract is on the Moonshot OILX listing — always verify before buying.
OILX (Oil Exchange) isn’t just another meme — it launched 6 days ago on Moonshot and already has a unique story tied to real-world energy markets. Community members have been talking with the founder, who’s said to be involved in the oil field industry. The storyline is that he sells small chunks of stock from his oil company, buys crude oil barrels, flips them for profit, and cycles those profits back into OILX. Whether you see it as literal or just a strong brand narrative, it’s a unique angle that sets OILX apart from the endless cookie-cutter meme tokens. ⸻ Key Stats (as of today): • Market Cap: ~$1.9M • 24h Volume: ~$117K • Holders: 528 • Supply: 1B OILX ⸻ Why OILX is Getting Attention: • Unique theme: Oil profits → crypto → OILX growth. • Traction: 528 holders in less than a week, with nearly $2M MC. • Momentum: $117K daily volume signals real activity. • Platform: Built on Solana via Moonshot — fast and low fees. Risks: It’s only 6 days old. Anon founder. No CEX listings yet. High volatility. ⸻ How to Buy: • Available on Moonshot (Solana). • Contract is on the Moonshot OILX listing — always verify before buying.
OILX (Oil Exchange) isn’t just another meme — it launched 6 days ago on Moonshot and already has a unique story tied to real-world energy markets. Community members have been talking with the founder, who’s said to be involved in the oil field industry. The storyline is that he sells small chunks of stock from his oil company, buys crude oil barrels, flips them for profit, and cycles those profits back into OILX. Whether you see it as literal or just a strong brand narrative, it’s a unique angle that sets OILX apart from the endless cookie-cutter meme tokens. ⸻ Key Stats (as of today): • Market Cap: ~$1.9M • 24h Volume: ~$117K • Holders: 528 • Supply: 1B OILX ⸻ Why OILX is Getting Attention: • Unique theme: Oil profits → crypto → OILX growth. • Traction: 528 holders in less than a week, with nearly $2M MC. • Momentum: $117K daily volume signals real activity. • Platform: Built on Solana via Moonshot — fast and low fees. Risks: It’s only 6 days old. Anon founder. No CEX listings yet. High volatility. ⸻ How to Buy: • Available on Moonshot (Solana). • Contract is on the Moonshot OILX listing — always verify before buying.
OILX (Oil Exchange) isn’t just another meme — it launched 6 days ago on Moonshot and already has a unique story tied to real-world energy markets. Community members have been talking with the founder, who’s said to be involved in the oil field industry. The storyline is that he sells small chunks of stock from his oil company, buys crude oil barrels, flips them for profit, and cycles those profits back into OILX. Whether you see it as literal or just a strong brand narrative, it’s a unique angle that sets OILX apart from the endless cookie-cutter meme tokens. ⸻ Key Stats (as of today): • Market Cap: ~$1.9M • 24h Volume: ~$117K • Holders: 528 • Supply: 1B OILX ⸻ Why OILX is Getting Attention: • Unique theme: Oil profits → crypto → OILX growth. • Traction: 528 holders in less than a week, with nearly $2M MC. • Momentum: $117K daily volume signals real activity. • Platform: Built on Solana via Moonshot — fast and low fees. Risks: It’s only 6 days old. Anon founder. No CEX listings yet. High volatility. ⸻ How to Buy: • Available on Moonshot (Solana). • Contract is on the Moonshot OILX listing — always verify before buying.
OILX (Oil Exchange) isn’t just another meme — it launched 6 days ago on Moonshot and already has a unique story tied to real-world energy markets. Community members have been talking with the founder, who’s said to be involved in the oil field industry. The storyline is that he sells small chunks of stock from his oil company, buys crude oil barrels, flips them for profit, and cycles those profits back into OILX. Whether you see it as literal or just a strong brand narrative, it’s a unique angle that sets OILX apart from the endless cookie-cutter meme tokens. ⸻ Key Stats (as of today): • Market Cap: ~$1.9M • 24h Volume: ~$117K • Holders: 528 • Supply: 1B OILX ⸻ Why OILX is Getting Attention: • Unique theme: Oil profits → crypto → OILX growth. • Traction: 528 holders in less than a week, with nearly $2M MC. • Momentum: $117K daily volume signals real activity. • Platform: Built on Solana via Moonshot — fast and low fees. Risks: It’s only 6 days old. Anon founder. No CEX listings yet. High volatility. ⸻ How to Buy: • Available on Moonshot (Solana). • Contract is on the Moonshot OILX listing — always verify before buying.
OILX (Oil Exchange) isn’t just another meme — it launched 6 days ago on Moonshot and already has a unique story tied to real-world energy markets. Community members have been talking with the founder, who’s said to be involved in the oil field industry. The storyline is that he sells small chunks of stock from his oil company, buys crude oil barrels, flips them for profit, and cycles those profits back into OILX. Whether you see it as literal or just a strong brand narrative, it’s a unique angle that sets OILX apart from the endless cookie-cutter meme tokens. ⸻ Key Stats (as of today): • Market Cap: ~$1.9M • 24h Volume: ~$117K • Holders: 528 • Supply: 1B OILX ⸻ Why OILX is Getting Attention: • Unique theme: Oil profits → crypto → OILX growth. • Traction: 528 holders in less than a week, with nearly $2M MC. • Momentum: $117K daily volume signals real activity. • Platform: Built on Solana via Moonshot — fast and low fees. Risks: It’s only 6 days old. Anon founder. No CEX listings yet. High volatility. ⸻ How to Buy: • Available on Moonshot (Solana). • Contract is on the Moonshot OILX listing — always verify before buying.