The post BubbleMaps flags risk in Atlas meme inspired by VP JD Vance’s pet dog appeared on BitcoinEthereumNews.com.

Blockchain analytics platform BubbleMaps has raised serious concerns about potential insider manipulation in the Atlas token, a memecoin inspired by Vice President JD Vance’s pet dog, after the cryptocurrency was promoted to hundreds of thousands of followers by the influential account Whale Insider. Most influencer-driven memecoin launches have turned out to be rug pull scam projects, while a few have burned out. Despite the daily churn of memes, crypto influencers still have a lot of pull when it comes to pushing narratives and directing investors to projects.  That was the case with Atlas token, reportedly promoted by Whale Insider. BubbleMaps revealed that 68 wallets with coordinated behavior patterns now control nearly half of the token’s supply, valued at roughly $1 million. On December 26, Whale Insider posted to its more than 625,000 followers that the Atlas token had risen 100% in the previous 24 hours. However, BubbleMaps’ subsequent analysis uncovered what the analytics firm described as a “heavily bundled” token launch with hallmarks of insider coordination. Is the Atlas meme controlled by insiders?  According to BubbleMaps, the 68 suspicious wallets were funded through ChangeNow, a non-custodial cryptocurrency exchange that does not require know-your-customer verification for most transactions. The wallets exhibited signs of coordinated control, including no prior on-chain activity before the Atlas launch; they were funded within tight time windows, received similar amounts of ETH, and sniped the token by purchasing immediately at launch. These wallets reportedly hold 47% of the Atlas supply, raising concerns about potential price manipulation and coordinated selling that could harm retail investors who bought the token based on Whale Insider’s promotion. BubbleMaps calls out pattern of influencer-promoted launches  ZachXBT, a crypto scam investigator and advisor at Paradigm, has over the years exposed crypto influencers who get paid to promote crypto projects, such as memecoins, but…

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Filed under: News - @ December 28, 2025 9:09 pm