Fnalysis.
Tokenized World Cup
Analysts at Bubblemaps found that more than 30 wallets created minutes before the WCUP token's launch snapped up 95% of its supply, spread it across 2,500 new addresses to disguise the move, and paid dozens of influencers to promote it without disclosing they'd been paid. The token's fully diluted valuation hit $65 million with only about $536,000 in real market liquidity.
Source: Cryptonews →Spain won the World Cup; the pump and dump, the usual suspects.