When Kabosu, the owner of Doge, adopted a new dog named Neiro, keen investors and insiders immediately smelled opportunity. However, what followed was not just a wealth opportunity but a contest over transparency and fairness.
The dual-chain battle of the NEIRO token is unfolding simultaneously on the Ethereum and Solana blockchains, with various tokens of the same name emerging like mushrooms after rain. Behind the seemingly lively market lies concerning traces of manipulation.
On the Ethereum chain, although the NEIRO token achieved a high market value, in-depth analysis revealed that this seemingly successful project was actually severely manipulated. Over 78% of the token supply was preemptively acquired by insiders at the project's launch and cleverly dispersed across hundreds of different wallets. This carefully planned distribution method aims to conceal the highly concentrated supply phenomenon.
Even more shocking is that within 48 hours of the project's launch, these insiders dumped tokens worth over $4 million while still controlling more than 65% of the supply. They employed extremely cunning sales strategies, spreading tokens across 400 different wallets, selling only small amounts of about $3,000 each time to try to evade market surveillance.
The situation on the Solana chain is equally concerning. The first NEIRO token to reach a market value of $100 million initially appeared to be a typical pump-and-dump scheme. Developers acquired a large supply of tokens through multiple wallets and made a profit of $3.3 million within just 12 hours of launch while still holding over $4 million worth of tokens.
When developers claim on social media that certain wallets belong to their friends and that they only hold 1.6% of the supply, such statements clearly lack credibility. More absurdly, team members had promised to burn their tokens, but have yet to fulfill this promise. In-depth investigations revealed that the actual profits of the developers and their 'friends' far exceeded initial estimates, with net profits exceeding $5.7 million.
This case perfectly illustrates the dangers of information asymmetry in the cryptocurrency market. While ordinary investors are excited about superficial price increases, insiders are secretly manipulating the market to reap huge profits. Traditional market analysis tools often fail to reveal the truths hidden behind complex trading networks.
In this environment, the value of transparency analysis tools becomes particularly important. By conducting in-depth analysis of over 10,000 related transactions, we can restore the entire manipulation process, providing investors with a true market picture. Such a degree of investigative analysis requires professional tools and technical support, making it difficult for ordinary investors to accomplish alone.
It is noteworthy that manipulative behaviors in such projects have become increasingly common in the current Meme coin craze. Investors eager to seize the next opportunity for wealth often overlook basic due diligence. Those internal teams skilled in technical operations exploit this psychology to design seemingly fair but actually severely manipulated token distribution mechanisms.
The decentralized concept of the cryptocurrency market should ensure fairness and transparency, but reality often falls far short of ideals. When project parties can easily conceal the true distribution of holdings through technical means, ordinary investors find themselves in an extremely disadvantaged position. This not only harms individual investors' interests but also threatens the long-term development of the entire industry.
In such a market environment, investors need to be more cautious and rational. Simply relying on price trends or community enthusiasm to make investment decisions is obviously insufficient; understanding the true situation of the project is key. At the same time, using professional blockchain analysis tools to verify the transparency and fairness of projects has become a necessary step in modern cryptocurrency investment.
In this volatile world of digital assets, knowledge is power, and transparency is protection. Only when we can see the true nature of projects can we protect ourselves in this game of wealth and make informed investment decisions.
@Bubblemaps.io #Bubblemaps and $BMT provide investors with the tools to see through such manipulative behaviors, making market operations impossible to hide.
