US Vice President JD Vance’s Dog-Themed Atlas Token Faces Red Flags as Coordinated Wallets Control Nearly Half of Supply
The Atlas memecoin, themed around US Vice President JD Vance’s pet dog, has nearly half of its supply controlled by 68 wallets showing signs of coordinated buying and potential insider activity. The token was heavily promoted by the influencer Whale Insider, raising concerns that retail investors could be at risk from price manipulation.
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