【@Bubblemaps.io Questioning the fair distribution of PEPE, 30% of the genesis tokens may belong to the same entity】
The blockchain data visualization platform Bubblemaps pointed out that the Meme coin project $PEPE
PEPE
0.0₅435
-1.13%
has issues with fair distribution. Monitoring shows that approximately 30% of the genesis PEPE supply is bundled under the same entity, which sold tokens worth 2 million dollars the day after issuance. Analysis suggests that a large portion of the supply concentrated in a few wallets can help investors identify scams such as "rug pulls," where insiders remove liquidity or conduct large-scale sell-offs, leading to price crashes and leaving investors with worthless tokens.
BMTUSDT
Perp
0.02515
-1.83%
$1000PEPE
1000PEPEUSDT
Perp
0.0043521
-1.16%
