Bubblemaps said a single group pre-purchased 95% of the WCUP token supply before the token launched, raising questions about the distribution of the asset.
According to NS3.AI, WCUP’s market capitalization later surged to $50 million amid promotions by crypto influencers who allegedly did not disclose that the posts were paid promotions.
Bubblemaps said it did not find a direct on-chain link between the group involved in the pre-purchase and the token’s development team.
WCUP Market Cap Hits $50 Million After Bubblemaps Flags 95% Pre-Purchase of Token Supply
2026-06-11 15:54:02
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