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Cryptocurrency News Articles
LIBRA Meme Coin Creator Hayden Davis Launches WOLF Token Referencing Jordan Belfort
Mar 17, 2025 at 04:41 pm
YEREVAN (CoinChapter.com) — Hayden Davis, the creator of the LIBRA meme coin, has been identified as the force behind a new project called the WOLF token.
Rumors of Jordan Belfort, the infamous stockbroker known as the “Wolf of Wall Street,” launching his own cryptocurrency token have sparked a wave of copycat projects.
Among them, the WOLF token, created by Hayden Davis, the mastermind behind the infamous LIBRA meme coin, has come under scrutiny for its rapid price gains and the vast majority of tokens being held by a small number of insiders.
This raised concerns about potential market manipulation and sparked discussion among the crypto community.
WOLF Token Linked to LIBRA and MELANIA Coin Through Blockchain Data
On March 15, blockchain analytics firm Bubblemaps reported that Hayden Davis launched WOLF using the same funding sources as his previous projects, including LIBRA and MELANIA coin.
The launch of WOLF followed rumors of Jordan Belfort introducing a token named after him. The speculation led to the creation of multiple WOLF tokens, including the one linked to Davis.
The WallStreetBets (WSB) community showed interest in WOLF, pushing its market cap to $40 million. However, the token’s price rapidly decreased.
Blockchain data showed that a small group of wallets held a significant portion of the WOLF tokens.
"82% of the WOLF token supply is held by 3 wallets.
This level of token concentration is common in scams but also raises concerns about potential market manipulation," Bubblemaps noted.
Further investigation by Bubblemaps traced WOLF’s funding across 17 addresses and five cross-chain transfers. The transactions eventually led to an address associated with Davis.
“Starting with the WOLF creator 6MsuHd, we followed funding transfers back across 17 addresses and 5 cross-chain transfers. All led to a single address: OxcEAe. The same one owned by Hayden Davis,”
Bubblemaps stated.
A DEX Screener chart showed a pattern similar to previous Davis-linked tokens, with a rapid price surge followed by a steep decline. The WOLF token supply remained concentrated in a few wallets.
LIBRA Meme Coin’s $4 Billion Market Cap Crash
The LIBRA meme coin, a previous project linked to Hayden Davis, became a political issue in Argentina. On Feb. 14, Argentine President Javier Milei briefly endorsed LIBRA, driving its market cap above $4 billion.
The token’s price collapsed shortly after, losing over 99% of its value. Blockchain analysts found that insiders holding large amounts of LIBRA sold over $100 million worth of tokens before the crash. The findings led to further scrutiny of Davis’ involvement.
Legal Pressure on Hayden Davis as Authorities Push for Interpol Red Notice
Following the LIBRA collapse, authorities in Argentina launched an investigation into Hayden Davis. Lawyer Gregorio Dalbon has called for Interpol to issue a Red Notice, which could lead to his arrest and extradition.
Investigators are tracking wallet transactions and analyzing connections between Davis and his past projects. Blockchain analysts remain focused on identifying any new crypto trading activity tied to his known addresses.
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