On-chain analytics platform Bubblemaps has identified significant centralized control in the launch of the MYSTERY token, labeling it a "textbook scam." According to Bubblemaps, approximately 90 newly created wallets captured around 90% of the token supply at launch, with these wallets cashing out over $100,000 while still retaining about 40% of the total supply. The token's launch also showed signs of "bundled distribution," with some key opinion leaders (KOLs) allegedly involved in paid promotions.
Bubblemaps Identifies Centralized Control in MYSTERY Token Launch
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