HUNT "Wealth Creation Myth" Exposed: RUG Group Controls Dozens of MEME Coins to Harvest $3.7 Million from Followers

On January 5, GoPlus posted on social media noting that an account named “ShittymikeSol”—purporting to be a $PNUT project developer—had publicly pushed a “get rich quick” story on social platforms: “turn $1,000 into $18 million in one month.” The account also claimed to lead users to “replicate this success” via live stream. But an investigation found the token showed classic “rug pull” signs, exposing a coordinated scheme to rip off retail investors. On December 29, 2025, ShittymikeSol tweeted about the “first real alpha trade after a year off,” saying they’d put $500 into $HNUT, which skyrocketed to $200,000 in a day—then cashed out at the peak the next day for a $700,000 profit. The tweet also told users to follow suit and join their Telegram group. But the community quickly reported $HNUT crashed 99.99%, pointing to a likely rug pull by the project team. After on-chain analysis of the $HNUT team’s wallet, GoPlus found no significant profits there. Still, tracking early large transactions and suspected “whale” addresses led fund flows to a wallet ShittymikeSol publicly shared in August (9B1fR...WZb4). Further tracking showed the network consolidated funds to a central address (2hnAT...GUjf) over the past eight days—totaling $3.7 million. Notably, even leftover funds from the $HNUT team’s wallet went to this consolidation address. A deeper dive revealed the linked addresses used the same playbook to create and control dozens of meme coins, including $SHEKER, $Gonk, $MADURO, $FAFO, $Trump, $DIM, $TRUMP2, $BANGER, $Lily, $ROY, $horge, $WhiteShark, $TRUMP, $bork, $bonkdog, and $BITPEPE. All these tokens saw a “cliff-edge drop” or “Super Mario-style plunge” (a rapid 99% price crash), with all remaining project funds and suspected whale profits ultimately funneling to the same consolidation address (2hnAT...GUjf). GoPlus advises investors to stay alert to high-yield promises and carefully vet the real motives behind so-called “KOL shills.”