This is just incorrect fear‑mongering.
Every Zora creator coin — whether it’s $Jesse or $cryptorugmunch — allocates 50% of the supply to the creator over a 5‑year vesting period. That’s why you’ll see one wallet holding around 50% of the supply at launch.
That doesn’t automatically make a project “dangerous.” Those tokens aren’t accessible for a long time unless the creator personally buys up a large chunk early. Let’s keep the facts straight.
The real issue is snipers — they’re always waiting to hit any known creator who launches on Zora. It even happened briefly when I launched my own project there.
When someone like Jesse launches, that problem only gets amplified. It’s something he probably should’ve accounted for before going live, but doesn't necessarily point to nefarious activity on his part.
I found dangerous onchain activity around $Jesse and this looks ugly 🚨
Here’s what’s happening:
The biggest red flag is supply concentration.
The contract itself holds almost half of the entire token.
Here are the main holders:
• Wallet 1
0x50f88fe97f72cd3e75b9eb4f747f59bceba80d59
This is the contract wallet.
Holds: 500,000,000 JESSE
48.7% of the full supply.
Worth around $7.2M at current price.
• Wallet 2
0x498581… (Uniswap pool)
Holds: 162,668,045 JESSE
15.8% of supply.
• Wallet 3
0x9572cb…
Holds: 21,503,162 JESSE
Likely dev or insider linked wallet.
Top 5 wallets together control more than 68% of the entire token.
Liquidity is $4.8M
Market cap is $18.1M
Now the early activity:
The first minutes after launch show clear bot activity .
Out of the first 25 transactions
20 were unlimited approval calls.
Large automated approvals from brand new wallets.
All clustered within less than 1 minute.
(Classic sniping pattern)
Some of these wallets had zero history before touching JESSE.
There are also transfers back to the contract itself with tiny amounts, suggesting wash activity.
This token is linked to Jesse Pollak as a creator experiment.
But his previous token BASE hit $17M and crashed over 90% in minutes.
Pattern is repeating.
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