BubbleMaps Raises Insider Manipulation Concerns for Atlas Token After Whale Insider Promo
The post BubbleMaps Raises Insider Manipulation Concerns for Atlas Token After Whale Insider Promo appeared on BitcoinEthereumNews.com.
BubbleMaps analysis reveals potential insider manipulation in the Atlas token, a memecoin tied to Vice President JD Vance’s pet dog. Sixty-eight coordinated wallets control 47% of the supply, valued at about $1 million, emerging right after Whale Insider’s promotion to over 625,000 followers. 68 wallets exhibit coordinated behavior, holding 47% of Atlas token supply. Funded via ChangeNow exchange with identical ETH amounts and no prior on-chain history. Wallets sniped tokens at launch, sparking concerns post Whale Insider’s 100% price surge claim (BubbleMaps data). BubbleMaps flags Atlas token insider risks: 68 wallets control 47% supply after Whale Insider promo to 625K followers. Uncover memecoin manipulation patterns and protect your investments—read expert analysis now! (152 characters) Is the Atlas Token Controlled by Insiders? The Atlas token, a memecoin inspired by Vice President JD Vance’s dog, faces scrutiny for potential insider control. Blockchain analytics platform BubbleMaps identified 68 wallets with synchronized patterns that now hold nearly half the token’s supply, worth approximately $1 million. This concentration emerged shortly after influential account Whale Insider promoted it to hundreds of thousands of followers on December 26. What Coordinated Patterns Did BubbleMaps Detect in the Atlas Token Launch? BubbleMaps detailed hallmarks of a “heavily bundled” launch. The 68 wallets were funded through ChangeNow, a non-custodial exchange bypassing KYC for many trades. They showed no previous on-chain activity, received ETH in narrow timeframes with similar amounts, and bought Atlas tokens instantly at launch—a classic sniping tactic signaling coordination. These holdings represent 47% of the supply, heightening risks of price manipulation or dump events targeting retail buyers drawn by the promotion. BubbleMaps emphasized such patterns in influencer-driven memecoins, where undisclosed insider allocations often precede retail losses. The Atlas token’s rapid 100% rise in 24 hours, as highlighted by Whale Insider’s post to 625,000 followers, amplified exposure. Yet, on-chain…
Filed under: News - @ December 28, 2025 9:26 pm