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68 Inactive Wallets Hold 47% of ATLAS Token Supply Worth $1 Million

According to WhaleInsider, ATLAS was promoted on Dec. 28; 68 previously inactive wallets funded via ChangeNow amassed 47% of its roughly $1 million supply before launch.

ETH

Summary

WhaleInsider promoted meme coin ATLAS on Dec. 28 and earlier noted a 100% single-day surge. Before launch, 68 wallets with no prior on-chain activity received ETH via ChangeNow and bought ATLAS, now holding 47% of its approximately $1 million supply.

Terms & Concepts
  • ChangeNow: A non-custodial cryptocurrency exchange allowing instant asset swaps without user account requirements.
  • Meme Coin: A cryptocurrency created as a joke or based on an internet meme, often with speculative value.
  • Inactive Wallet: A blockchain wallet address showing little or no transaction activity over a significant period.