Hayden Davis, the beady-eyes Zoomer behind the latest meme coin drama, just spilled the tea on LIBRA's launch.

The co-creator straight up admitted they sniped their own token, offering the massively mid-curve explanation of "Everyone else does it."

This one-hit wonder is about as bright as the depths of Mammoth Cave, and his actions post-rug have proven his head is just as empty. 

The Dirty Details

Sniping is a fancy crypto term for using bots and scripts to buy tokens faster than human fingers can click.

It’s a devilish way to ensure you get a guaranteed seat at the table, and it’s patently illegal in finance. 

Davis claims they did it to block other snipers – but that's like robbing a bank to stop other robbers – it’s a fool's way of trying to act smart.

LIBRA set up a whole treasury just to buy their own token, which is an even more glaring level of fraud.

They front-ran every poor soul trying to ape in at launch with the goal of pumping the market cap high enough to handle whale dumps.

Sounds great on paper, but… well, reality tells how it actually went down. 

Collapsing House Of Cards

The scheme worked for about five minutes, with LIBRA hitting $4 billion in record time in no small part thanks to the endorsement by a literal sitting president.

Then, it crashed 95% faster than anyone could have ever imagined.

Who would have known that someone whose main skills seem to be schmoozing and grifting would be unable to sustain a project with a ten-figure valuation? 

Davis is sitting on $100 million of project funds, and he's calling it a "plan gone wrong" instead of a scam.

That's like calling the Titanic a "slight navigation error" rather than a massive catastrophe caused by pure human hubris and ignorance. 

The team didn't just play the game – they rigged it, using bots to beat other bots and scamming the entire industry in the process.

And somehow, they're surprised people are mad about it.

The Inevitable Fallout

Regulators are circling like sharks smelling blood – this dimwit broke at least a dozen laws that the SEC could use to put him away for 20-30 years.

The crypto community is split between "told you so" and "we all do it,” with the latter likely looking to defend their own unethical actions rather than simp for this latest rug pull.

Meanwhile, Davis is trying to explain why holding $100 million isn't technically stealing.

This is a story about what happens when the wild west of token launches goes wrong on an international scale and the dangers of listening to folks who are barely old enough to legally sip a beer when they’re telling you about the best projects to support your national economy. 

When the devs are sniping their own project, something's seriously, desperately wrong. 

What A Time To Be Alive

LIBRA just exposed the ugly underbelly of memecoin launches.

Between the sniping, the treasury games, and the $100 million "accident," nobody's buying the excuses.

If the devs are explaining why they had to cheat, you probably shouldn't trust them with your money.