The two tokens, $CREAM and $Bobaoppa, under the umbrella of Big Brother Maji, have performed remarkably well in the recent sluggish market, making Big Brother Maji proud and stating, “The coins I created have flown to the universe.”
Background:
Big Brother Maji’s Whale-like Bottom Fishing! Smashing 962 ETH to Buy FRIEND: Coin Price Will Soar to $10
The platform token of Cream Finance, founded by Big Brother Maji Huang Licheng, has shown impressive price performance recently. Within 24 hours, it has risen by 43.4%, and within a week, the increase has reached 83.4%. It has soared from $44.25 to over $80, with a peak of $94.14. In addition, $CREAM has even surpassed the Layer2 solution $ARB in the trading volume rankings on Binance.
However, it is worth mentioning that Cream Finance has been hacked multiple times. The largest attack occurred in October 2021, resulting in a loss of up to $130 million in cryptocurrency, making it the third-largest DeFi hacking incident in history. As a result, the governance token $CREAM crashed by over 50%.
According to DefLlama data, since the $130 million hacking attack, Cream Finance’s Total Value Locked (TVL) has plummeted from a peak of $1.4 billion to only $15 million at the time of writing, a decrease of over 99.2%. The price of $CREAM has also declined by over 75% from its historical high, and the recent surge in price may be more like treating the token as a meme coin.
Big Brother Maji: I am a god, ordinary people are not worthy of talking to me!
Interestingly, the meme coin $Bobaoppa, created by Big Brother Maji with his own dog as the theme, has also experienced a nearly 75% increase in price since May 6. Seeing the strong price surge, Big Brother Maji boasted on Platform X, saying, “I have become a god!”
In fact, when Big Brother Maji launched the meme coin $Bobaoppa on Solana on March 28, it caused strong backlash from the community. At that time, Big Brother Maji only invested 66,999 SOL from the raised funds into the $Bobaoppa liquidity pool, while the remaining 156,300 SOL was transferred to the Solana staking platform BlazeStake, which made the community suspect that all the funds contributed by users were taken by Big Brother Maji for “personal finance.”
At that time, Big Brother Maji said, “You should also think about why so many people are willing to throw money. Have you heard of my name? Do you believe in me?” The community responded, “Stupid X, we believe in you, but the money is all in your pocket.” At the same time, Big Brother Maji also stated that there will definitely be buy orders for $Bobaoppa in the future.
Looking back, investors who bought $Bobaoppa at its low point on May 6 would have made a good return. It is worth paying continuous attention to the price trends of $CREAM and $Bobaoppa in the future.
Related reports:
Big Brother Maji Launches Meme Coin! Bobaoppa Absorbs $35 Million in SOL within Ten Hours
Binance Rumored to Cut Parental Allowance, Fitness Subsidies…Employee Benefits Gone, Next Wave of Layoffs?
Binance Research Report Recommends Cryptocurrency Data Tools, Not Missing the 3 Major Categories.