Sotheby's Vice President Launches Meme Coin VOID—Another Get-Rich-Quick Scheme?
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Sotheby's Vice President Launches Meme Coin VOID—Another Get-Rich-Quick Scheme?
The biggest public concern: DEV holds 15% of the token allocation.
Navigating Web3 tides with focused insightsAuthor: Asher, Odaily Planet Daily
"After Sotheby's Vice President Michael Bouhanna launched Ban, has he now tasted success and started releasing a new Meme coin?" This was arguably the focal point of discussion across major Meme communities last night.
Last night, the creator address of Ban—Sotheby’s Vice President Michael Bouhanna—launched a new Meme coin called VOID, and posted an image of a "blank wall" on his X account.
Ban and VOID were issued from the same address
Next, Odaily Planet Daily takes you through a recap of VOID—the instant-grab project created by Sotheby's Vice President Michael Bouhanna—last night.
About VOID
Founded in 1744, Sotheby's is the world's oldest auction house. The artwork inspiration behind Void draws from Yves Klein’s pioneering exploration of immateriality. The token VOID serves as a digital embodiment of "nothingness," attempting to tokenize absence—a representation of non-existence given form through blockchain technology—probing the very essence of the concept of "value."
Yves Klein’s pioneering exploration of immateriality
On-chain Scientist Successfully Snipes, Earns Over $1 Million
Last night, an on-chain scientist (address: bigZGV1ewuFHQxaoLSwoFbnDiqemh5nHoK8qPW9Qtip) made a massive profit on VOID. According to Lookonchain, a trader spent 35 SOL (worth approximately $8,200) to purchase 462.32 million VOID tokens, accounting for 44% of the total supply. Within minutes, they sold off their entire position, netting nearly $1.1 million in profit.
A trader purchased 44% of VOID's total supply with 35 SOL
On-chain scientist successfully snipes, earning over $1 million
It must be said, top-tier scientists on Solana have truly outrageous profit-making capabilities.
Possibly Hinting at Airdropping VOID to Ban Holders
Regarding Sotheby's Vice President Michael Bouhanna launching a new token VOID, there has been considerable skepticism within the Meme community, including comments like "CEO is short on cash again, coming back to scalp people," and "Run from Ban fast, it will definitely be affected."
Yet, there are also many voices of support: "He never sold Ban, perhaps he won’t sell VOID either." Ban, previously launched by Michael Bouhanna (for detailed project analysis, refer to: Banana on the Wall—Can the Art-and-Fruit-Themed Meme Coin Ban Be Ridden?), derived its concept from his interpretation of the artwork "Comedian," serving as a satirical commentary on meme-driven crypto markets. He emphasized that rumors claiming he profited $1 million from the project are entirely false—those wallets do not belong to him, and most gains remain unrealized. There are hints he may airdrop VOID to Ban holders. Observant community members noticed that yesterday morning, Michael Bouhanna posted three consecutive messages on X: "SOON," a camera emoji, and a banana—interpretable as: a new art-themed Meme coin is coming soon, snapshot already taken, snapshot for Ban holders.
Michael Bouhanna possibly hinting at airdropping VOID to Ban holders
Additionally, Ban holders believe that if Michael Bouhanna truly airdrops his holdings of VOID to Ban holders, Ban could become the "golden shovel" within the Meme art concept, potentially leading to a significant price boost for Ban.
VOID’s Secondary Market Performance
Despite widespread skepticism about the art-themed Meme project VOID last night, after a full night of market dynamics, VOID’s price remains resilient. According to GMGN data, VOID’s market cap briefly touched $19 million, currently sitting at $16 million, with 24-hour trading volume exceeding $71 million.
VOID K-line chart
As for the loudest criticism—"the vice president holds 15% of the VOID token supply"—what do you think? Will Michael Bouhanna burn them, airdrop them to Ban holders, or dump them directly on the secondary market for profit?
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