The Rizzmas Chart: A Christmas Tree on the way up, a Grinch slash on the way down. 🎄🌟💔
TL;DR: The holiday memecoin Rizzmas soared to a $95M market cap before crashing to $10M after 40 connected wallets dumped on 140,000 degens. The Grinch came early this year, turning holiday cheer into empty bags.
It was the day before Thanksgiving, and a memecoin called Rizzmas started going insane. Shilled as the perfect holiday pump, degens across the cryptosphere couldn’t resist the FOMO. Within 24 hours, Rizzmas soared from a humble $8M market cap to a festive $50M, eventually peaking at an eye-watering $95M on Thanksgiving Day. But as the turkey basted and wallets swelled with imaginary gains, the Grinch—or rather, 40 connected wallets—was already plotting.
The Pump Before the Plunge
For a brief, shining moment, Rizzmas was the hottest holiday play. Crypto Twitter was ablaze with festive memes, promises of 100x gains, and degens proclaiming Rizzmas as the official memecoin of the holiday season. Even influencers hopped on board, hyping it up as the “next big thing.” The coin’s meteoric rise wasn’t just a sleigh ride—it was a rocket. But every pump eventually needs its dump, and this one came faster than Aunt Karen’s Thanksgiving dinner critique.
The Great Rizzmas Dump
At precisely 6 a.m. EST on Thanksgiving morning, as degens were either stuffing turkeys or sleeping off hangovers, top wallets began unloading massive chunks of Rizzmas. By the time the dump hit full swing, it was too late for the 140,000 holders caught holding the bag.
Eight hours of chaos later, the market cap had freefallen to a measly $10M, leaving shattered dreams, empty wallets, and some seriously salty bag-holders in its wake.
The Grinch Who Stole Rizzmas
Blockchain sleuths wasted no time piecing together what had happened. Early investigations suggest that 40 connected wallets were among the top holders. These wallets were responsible for dumping on the unsuspecting crowd, pocketing what must have been a very merry profit.
Speculation is rife that this was a coordinated operation from the start, with insiders loading up pre-launch, hyping the coin to the moon, and then cashing out as the FOMO crowd flooded in. While the identities behind these wallets remain a mystery, one thing’s for sure: the Grinch came early this year, and he didn’t just steal Christmas—he stole everyone’s bonus, too.
A Lesson for Degens Everywhere
The Rizzmas saga is a painful reminder of just how risky the memecoin game can be. In a space where holiday cheer can quickly turn into holiday fear, degens would do well to remember the golden rule of crypto: never invest more than you can afford to lose.
As for Rizzmas, it may go down in history as one of the fastest pump-and-dumps of the season. But if there’s one thing we know about degens, it’s that they’ll dust themselves off and chase the next moonshot—Grinch or no Grinch.
This holiday season, be careful where you spread your Rizz. Because for every moon, there’s always a Grinch waiting to steal the show.