PANews reported on May 23 that, according to Lookonchain monitoring, the developer of the Solana ecosystem Meme coin ZACK purchased a large amount of ZACK tokens at a very low price on pump.fun.

Statistics show that 20 out of the top 25 holders are developer-related wallets, holding a total of 393.66 million ZACK, accounting for 41.3% of the supply, valued at over $33 million. The purchase cost was only 29.17 SOL ($4,400).