Bubblemaps: Meme coin project ATLAS suspected of insider trading, 68 wallets already hold 47% of the token supply
ChainCatcher news, on-chain transaction analysis platform Bubblemaps posted on X that the Meme coin project ATLAS, inspired by US Vice President JD Vance's pet dog, has received promotion from some KOLs on social media. However, monitoring has revealed that 68 wallets with no prior on-chain activity received funds via ChangeNow and purchased ATLAS tokens before the project launch. These wallets now hold 47% of the token supply, valued at $1 million, raising suspicions of insider trading.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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