M3M3 Token
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 8 → 35. Problems weighed by who is responsible: the subject's own conduct −40, problems around the subject, caused by others −2.3; legitimacy credit long-running +2. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -40 |
| Problems around it, caused by others | -2.3 |
| Long-running | +2 |
| Sum | 25 |
Score: 35/100 (kept between 0 and 100)
How scoring works →Summary
M3M3 is a Solana token launched on 4 December 2024 on the Meteora DEX, promoted as a stake-to-earn memecoin that paid staking rewards from trading fees on locked liquidity. Class-action plaintiffs in the Southern District of New York alleged that roughly 150 insider wallets obtained about 95% of supply at launch and sold into retail buyers, causing more than $69 million in alleged losses; the token has since fallen about 99.9% from its all-time high. In September 2026 the court dismissed the consolidated LIBRA/M3M3 class action, stating that its ruling tested the sufficiency of the pleadings and did not decide whether misconduct occurred.
Connected Entities
12 entities · 60 linked investigations- Kelsier Ventures→mentioned with→Meteora(70%)
- Kelsier Ventures→mentioned with→Solana(80%)
- Meteora / Benjamin Chow→mentioned with→Solana(80%)
- Meteora / Benjamin Chow→mentioned with→Jupiter Exchange(80%)
- Meteora / Benjamin Chow→mentioned with→Meteora(80%)
- Hayden Davis→mentioned with→Meteora / Benjamin Chow(85%)
- Hayden Davis→mentioned with→Solana(65%)
- Hayden Davis→mentioned with→Meteora(60%)
- Kelsier Ventures→mentioned with→Meteora / Benjamin Chow(85%)
- Kelsier Labs→mentioned with→Meteora / Benjamin Chow(85%)
- + 47 more
Connected Through
10 shared actors · 371 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- □Solanaorganization
- △Jupiter Exchangeexchange
- □Meteoraorganization
- □OKXorganization
Timeline(5 events)
December 2024
M3M3 launches on Meteora; plaintiffs allege insiders obtained most of the supply within minutes.
Crypto.newsDecember 2024
Sharp price decline begins within days of launch, reported as starting 6 December after alleged insider selling.
Crypto.newsApril 2025
Class action over the M3M3 launch filed in S.D.N.Y. against Meteora, Benjamin Chow, Kelsier Labs and the Davises; the filing day is reported as 19 or 21 April.
Decrypt29 September 2026
S.D.N.Y. dismisses the LIBRA/M3M3 class action and denies leave to amend; the court states it made no finding on whether misconduct occurred.
Solana CompassDecision Log
- slot 455358223 · hash HqUx5vgfncNHRmAymQntigQhT5koV3rUpSp6FPdYtpCa
- slot 429921939 · hash 6UhhpuHmDzoFJJpbRrRftTmB7w1NCgGuag1L7rVYPsbZ
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 7 of 9 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 6/30/2026, 5:21:52 PM
last updated: 10/10/2026, 6:40:00 PM
3 viewsavoid.net — verified advice for a post-truth world