Kled founder accuses Believe founder of continuously dumping KLED tokens
Avi Patel, founder of the Solana ecosystem AI project Kled, posted on the X platform accusing Ben Pasternak, founder of Believe, of continuously dumping KLED tokens on the market. Patel stated, "For the past seven days, Pasternak has been using a DCA strategy to continuously dump millions of KLED tokens, coinciding with our release of our largest application update to date and a period of low market trading volume during a bear market. Initially, according to the fee agreement, Pasternak held more than 6% of the KLED token supply, and this allocation had been accumulating before our exit from Believe in July. He subsequently made a clear promise that he would never sell KLED on the open market and would choose over-the-counter trading or token burning if liquidity was needed."