On-chain tracking: Three wallets issued nearly 10,000 tokens over 187 days, exposing the MEME batch harvesting scheme

【Chain News】On-Chain Security Agencies Have Recently Targeted a Notorious Group — The DOYR Token Crew.

How wild is this team? Three linked wallet addresses, nearly 10,000 types of MEME coins issued in 187 days, harvesting over $1.2 million. The strategy is classic: create your own tokens, make a big initial purchase, then pull out quickly. During the DOYR incident, they bought over 200 million tokens, then sold them off in batches, earning only $4,200. But with such volume, this guy executed this pattern with 3,333 different tokens, netting $350,000 from a single address.

Following the trail, two accomplices were also caught. The address starting with 0x096a issued 3,445 tokens and earned $260,000, while the one starting with 0xc9A4 was even more ruthless, issuing 2,744 tokens and earning $480,000. All the funds from these three groups eventually converged at 0xe352, then transferred into a certain exchange to wash the money.

Looking at the top ten profit-making tokens for them, they’re all sorts of trash — $高手 (Master), $你装什么 (Why Pretend), $真是抬举了这种中文梗 (Really Elevating This Chinese Meme), along with those riding the coattails of major platforms and influencers in the circle like $某安人生 (Some An Life), $相信我兄弟 (Trust Me Brother).

The DOYR token previously reached a market cap of $30 million, now it’s down to just $4 million. A complete mess.