The Blockchain Analytics Bubblemaps platform raised concerns about RugProof, the Launchpad platform described by Solana self -described and claiming to protect investors from clouds.
Ironically, bubblemaps alleged The project may organize the same type of exploitation that it claims to prevent. On Monday, the analysis platform shared information about the project, saying that someone built a “resistance starting platform” for the alleged “Al -Bassat” users.
RugProof claims on its website that it allows anyone to create distinctive symbols with “early investment, anti -discharge mechanics and bonus bonuses for loyal holders.” It also claims to perform symbolic repurchase and lifelong rewards.
However, Bubblemaps claimed that the data shows otherwise. The analysis platform said that 50 % of the project’s distinctive symbols were “grouped at launch”.
Cointelegraph has arrived at RugProof, but he did not get a response.
The distinguished creator Sol distributes 162 wallets to buy RugProof
Using a visual bubble map that follows the Onchain data, Bubblemaps showed the relationship between the project’s distinctive symbol.
According to To Bubblemaps, send the project creator Solana (TellerCodes to 162 different governorates. After that, the governor bought half the supply of the distinctive symbol. “I have sent TOKEN Creator O93G6B Sol to 162 wallets. This portfolio bought 50 % of the beating supplies at launch,” said Bubblemaps.
This structure reflects the preparation of many alleged carpets in the past.
It seems that the step to send the encryption assets from the symbolic creator to 162 wallets is an attempt to create a fair and disgraceful launch despite its connection or control by the same entity.
The details of the project remain, such as the identities of his team, and the science of scrutiny in the smart contract, unanimous and difficult to verify through its statements and public channels.
Bubblemaps is a platform that converts the onchain data into interactive bubbles, allowing users to see the distinctive symbol distributions and portfolio reactions more easily. The platform often indicates wallet groups indicating the project supply control.
On July 15, the platform subscriber “Bubble Map”, visual representation of a project called Alt, which was destroyed by the capacity of $ 190 million to the ceiling of a market worth 3 million dollars due to the withdrawal of the alleged rug.
Related to: The influencer that formulated “Memecoin Supercycle” sits on $ 68 million, as data indicates
The Mimikwin Sector turns up in July
The rug of withdrawing comes when Memecoins gathered in July. On Wednesday, Memecoins’s total evaluation increased to 85 billion dollars, an increase of 54 % compared to June 30. At the time of this report, the maximum market in the sector was corrected to $ 73 billion, which is still 32 % rising compared to June.
Mercuryo, the founder and executive director of Mercuryo Petr Kozyakov previously, told Cointelegraph that increasing the Memecoin market has caused a combination of events, including Pump.fun Oriulal Coin Production, Memecoin Access and Bitcoin (BTCIncrease to new levels at all.
He said that the mood on Memecoins “has undoubtedly turned to the upper side.”
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