BubbleMaps flags TikTok-promoted XST over 74% supply concentration

BubbleMaps warned on Aug. 13 that XST, a meme coin being pushed through TikTok videos, has roughly 74% of its supply concentrated in a small wallet cluster, a distribution the on-chain analytics firm said leaves the roughly $70 million token vulnerable to coordinated price and liquidity moves. A BubbleMaps snapshot showed one cluster of 244 wallets controlling close to half the supply while XST traded about 28.8% higher at roughly $0.06. The firm told buyers to avoid the token, and critics on X amplified the warning by citing fake profit screenshots, AI-generated Trump clips and XST's listing on FOMO as part of the marketing push. The alert followed earlier BubbleMaps warnings on LAB, which fell 99%, and CASHDOG, underscoring how concentrated ownership and coordinated launches can expose retail traders to rug-pull-style losses.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.