The Rizz development team crashed the token rate behind the boss’s back

On June 20, the founder of the Rizz project, known under the pseudonym NoKapRich, was invited to make a presentation of his digital assets. However, during his online appearance, the market suffered a disaster because RIZZ's price went through the roof. The token fell by 90% in a matter of minutes, so investors suffered multimillion-dollar losses.

NoKapRich was shocked by what was happening and did not understand how this was possible. According to him, the startup owns more than 80% of the issued coins. Accordingly, such a powerful dump of the RIZZ rate would have been impossible without the participation of the project employees.

 Bubblemaps specialists confirmed the information that three clusters or bubbles of crypto wallets account for 82% of Rizz’s supply. They speculated that one or more members of the startup team sold the coins when their price increased significantly. They did not inform the founder of the project so that he could create a good picture, and the investors did not suspect anything.