According to Lookonchain, $POPE developers and insiders generated over $1 million in profits within just two hours of token launch by strategically purchasing 5.8 million $POPE with $100,000 USDC using a newly created wallet. The team quickly sold 1.5 million $POPE for $428,000 at a price of $0.286, and still retains 4.3 million $POPE valued at $685,000. This rapid accumulation and partial liquidation highlight significant insider activity and market impact, underscoring the importance for traders to monitor wallet movements and on-chain data for $POPE. Source: Lookonchain, May 3, 2025.