Boychild

A Letter to the Mack Community: Today, the price of Mack plummeted by 85%, dropping from a market cap of approximately $300,000 to a low of $35,000. Last week, a group of “KOLs” heavily accumulated the token, driving a price surge from August 1st to 3rd. Meow announced he was stepping back from community engagement to focus on developer duties. This group exploited this announcement, using Meow and the core Mack team as scapegoats to sell off their entire supply, crashing the token’s price. It’s worth noting that the original Mack team has invested over $10,000 USD in the project. This includes creating a liquidity pool with the developer wallet supply and LP fees (valued at $8,000 USD), burning locked supply from launch (see Solscan transactions below), and covering additional marketing expenses. Permanently Locked LP ($8,000 USD total value): solscan.io/tx/4XqAHDEpz7H… Locked Supply Burns: solscan.io/tx/56gxF24HRHn… Be cautious of these malicious actors in your own communities. They operate with deceitful intentions, accumulating tokens under the guise of “supply control” and onboarding “KOLs”, then buy on main wallets and dump supply on their communities through side wallets. Let’s keep the Jup ecosystem fun and safe by protecting one another. The following individuals have been identified as bad actors: - henn100x - kilorippy - cigxbt - exitliquid1ty - gorillacapsol The original Mack team has not sold or abandoned the token. Conditions like these are opportunities for communities to demonstrate GRIT, resilience, and rebuild stronger together. The Mack team is committed to rebuilding Mack better than ever. To achieve this, we will create a robust liquidity pool over the next six months. Here’s the plan: - How it will happen: 12% of the locked supply from launch vests daily over the next six months, equating to approximately 2% per month. We will use this supply to establish a substantial liquidity pool, enabling the community to exit positions efficiently while minimizing impact on others. To the community members who have stayed, bought more, or repurchased, we extend our heartfelt thanks. Stay active and focus on making Mack a powerful platform to advocate for Meow and the Jup ecosystem-all while creating value in the process😉. We’re excited to continue working on future projects within the Jup ecosystem and look forward to what lies ahead. Welcome to our new Day 1! @weremeow @Kakarot @JupiterExchange @JUPANDJUICE @jup_dao @jup_studio

Hey @jup_studio , thanks for $MACK. Indeed, jup_studio is centered around purpose and value, not pumps and dumps. JM💚 @jup_dao

@weremeow @Enter_Uranus Hello @weremeow , @JupiterExchange through @jup_studio has all it takes to protect $URANUS's BOTTOM. We the investors and community are solidly an army behind.💚

Hello @realmichaelson1 Happy birthday Ahoi! I wish you a fund$ filled age and more Spanish harmonial chords and melodies from your strings. 🎉💙⚓🎊 🎸🎶🎵🎻🎸