Bubblemaps: 68 wallets are blocking the ATLAS launch and currently hold 47% of the supply.
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TL;DR
68 wallets with no prior activity received funds via ChangeNow before ATLAS launch, now holding 47% of its supply worth $1 million, raising concerns about market manipulation.
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Star AtlasPlay To EarnMetaverseATLASWhaleInsiderChangeNowmeme coinsupply concentration
On December 28th, WhaleInsider, a Twitter account with 600,000 followers, again promoted the Meme coin ATLAS. Shortly before its launch, 68 wallets received funds through ChangeNow. These wallets had no prior on-chain activity, the funds were acquired in a short period, and they received a similar amount of ETH and targeted ATLAS. These addresses currently hold 47% of the supply, worth $1 million. WhaleInsider previously posted that ATLAS, inspired by US Vice President JD Vance's pet dog, surged 100% within a day.