Libra’s Creator Strikes Again: WOLF Token Tanks 99% in Two Days

The project was created by Hayden Davis, who had previously been involved in the Libra (LIBRA) token and Official Melania Meme (MELANIA).

WOLF’s collapse followed a similar pattern to LIBRA, which lost billions in market value within hours after eight insider wallets withdrew $107 million in liquidity. LIBRA’s failure even became a political issue when Argentine President Javier Milei faced impeachment risks after promoting the token.

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Davis released WOLF on Solana SOL $124.85 , trying to capitalize on speculation that Jordan Belfort, known as the "Wolf of Wall Street", was planning his own token. However, blockchain data showed that 82% of WOLF’s supply was controlled by a single entity, raising concerns about insider activity.

On March 15, analytics firm Bubblemaps pointed out similarities between WOLF and another token linked to Davis, stating:

The bubble map revealed something strange—WOLF had the same pattern as HOOD, a token launched by Hayden Davis. Was he behind this one too?

Further analysis traced WOLF’s funds to 17 different addresses, all connected to a wallet labeled "OxcEAe", which was reportedly controlled by Davis.

According to Bubblemaps, he had moved money through these wallets months before launching WOLF and LIBRA.

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