Sorry for the double-ish post, but nothing about feels correct.

There has clearly been a team allocation, as 3/5 of those in the top 5 have not purchased any tokens, according to dexscreener. Someone has sunk 18.9 thousand US dollars into this coin.
But if you look on pump.fun, it claims that one person holds 31% of the coins—and his blockchain address doesn't appear on dexscreener.
Pump.fun also claims the raydium pool is funded.

It does not appear, even in the user-added token list.
Another issue is the faddy website.
The telegram is dead, so I am not clicking on that link.
The second link is the dexscreener.
the third link is the Twitter
The fourth link is weird. It has Dexscreener's logo but redirects to
http://1.mk/. It didn't work, at least for me, on a Swiss IP.
It's registered in China.
I'm not an expert on the technical side of crypto, but I'm more interested in how old laws are applied to crypto scams, so everything I assumed might be completely wrong.
Unless people lose a ridiculous amount, Boogie probably won't be gone after by the SEC, but he is looking at a fine at the least and being barred from promoting any securities for a certain amount of time. It could be a form of scalping; it could just be a simple pump and dump. At worst, Boogie could be on the fence for securities fraud, forfeiture of any money he made, conspiracy and maybe even fraud. I doubt this, though, considering he has about as much intelligence as a spoon.
He could do us all a favour and just fucking die soon.