Top Tokens' Manipulation Instances Exposed by Bubblemaps: Over 20 Suspected Cases Disclosed
** exposing wallet manipulation and governance concentration across major projects like $SHIB, $UNI, and $dYdX , a seasoned Web3 content strategist specializing in crypto journalism, PR, and SEO-driven content marketing
Over the past few months, Bubblemaps has been shaking up the crypto community with a barrage of high-impact investigations. This fearless and insightful team delves into on-chain data, covering a wide range of topics from whale wallets, team token allocations, and suspicious transaction flows. They're your go-to source for shedding light on potential market manipulation and boosting transparency across the crypto landscape.
Since October 2023, Bubblemaps has carved out a significant niche, conducting over 20 investigations that have captured the attention of the community. These probing analyses not only revealed concentration risks but also exposed various crypto projects with questionable practices. Some of the most eye-opening investigations include:
On February 6, 2023, they identified that a16z controlled over 4% of governance power in Uniswap, effectively granting the firm the ability to reject proposals unilaterally.
In another case, Bubblemaps' analysis of Shiba Inu's token supply rocked the crypto world on November 20, 2024, unveiling a troubling pattern: several wallet clusters held a disproportionate amount of SHIB, signaling dangerously high market manipulation risks.
Similarly, their investigation into the launch of the Hawk token on December 5, 2024, exposed a startling fact: 96% of its supply was held by a single cluster of wallets, signalling elevated risks of manipulation or a potential rug pull.
The team's tireless work doesn't stop there. They've linked a cluster of wallets associated with crypto influencers to coordinated selling activities following promotional efforts for Satoshi VM. This behavior raised concerns about misleading practices and called for increased transparency within the industry.
Bubblemaps also provided detailed insights into the ownership structure of dYdX, revealing that venture capital firms held substantial portions of the token supply. In a related investigation, they showed that a16z had dominant voting power in Compound, with over 40% of votes tied to the firm or its affiliates.
In a move that further cemented their status as a trailblazer, Bubblemaps recently released findings from an investigation into TrumpCoin ($TRUMP), a meme token that launched in early 2025. According to their analysis, a tightly connected cluster of wallets accumulated a significant portion of the token supply shortly after deployment, despite claims of a fair launch.
Don't miss out on these groundbreaking investigations visualized with Bubblemaps’ intuitive tools. Keep up with the ever-evolving crypto world and make informed decisions with Bubblemaps at your side.
- The seasoned Web3 content strategist, specializing in crypto journalism, PR, and SEO-driven content marketing, has been using Bubblemaps' technology to expose wallet manipulation and governance concentration across major cryptocurrencies like Shiba Inu ($SHIB), Uniswap ($UNI), and dYdX.
- In November 2024, Bubblemaps revealed an alarming pattern in Shiba Inu's token supply, as several wallet clusters held a disproportionate amount of SHIB, presenting significant market manipulation risks.
- The team also unveiled that 96% of the Hawk token's supply was held by a single cluster of wallets, which signaled elevated risks of manipulation or a potential rug pull.
- The findings from Bubblemaps' investigation into TrumpCoin ($TRUMP), a meme token launched in early 2025, showed a tightly connected cluster of wallets accumulated a significant portion of the token supply shortly after deployment, contradicting claims of a fair launch.
- Finance enthusiasts interested in investing in cryptocurrency should follow general-news outlets like Bubblemaps, providing insightful investigations, incentives, and transparency into the market dynamics, helping them make informed decisions.
