Bubblemaps Alleges Single Holder Controlled 30% of PEPE Supply

Blockchain data platform Bubblemaps reports one entity sold $2 million in PEPE tokens, raising concerns over the memecoin’s fair-launch claims.

PEPE

Summary

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Terms & Concepts
  • Memecoin: A cryptocurrency created primarily for humor or speculation, often inspired by internet memes.
  • Fair-launch: A crypto project launch where tokens are distributed openly without pre-mining or preferential access.
  • Bubblemaps: A blockchain analytics platform that visualizes token ownership and transaction patterns.