On-chain analysis shows the team behind KYLIE held about 40% of the token supply when American influencer Kylie Jenner's X account promoted the meme coin. The team did not profit before the promotional post, but withdrew about 2,425 SOL through a group of coordinated wallets after the post was published.
There is currently no on-chain evidence linking the address to Jenner or her team. Jenner's side has not responded after the promotional post was deleted. Earlier reports said Jenner's X account was suspected of being hacked before it posted the promotion for the suspicious meme coin.
KYLIE Team Held 40% of Supply and Withdrew 2,425 SOL After Jenner X Promotion
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