A typical example of a Pre-sale Dump
In layman's terms, this is a game where the project owner accumulates tokens first and then attracts retail investors to buy them at a higher price. The bubble chart published by Bubblemaps shows that the Hawk team holds 80% of the token supply, and another 16% was quietly unlocked during the pre-sale. This means that nearly 96% of the chips are concentrated within the project's control, and retail investors are at a severe disadvantage from the beginning.
In professional terms, this is called Token Supply Centralization, which can lead to:
Liquidity Shock: Once the pre-sale tokens are unlocked, a huge selling pressure is immediately formed
Price Slippage: Insufficient market depth, any sell-off will significantly lower the price
Information Asymmetry: Retail investors mistakenly believe that participating in star projects is a good thing, but they do not know that the 'setup' has already been made.
The result is predictable: a large number of pre-sale participants quickly exit once unlocked, and the selling pressure completely exceeds the market's absorption capacity, the coin price collapses instantly, and Hailey Welch's reputation is greatly damaged as a result. This reveals an important phenomenon - celebrity aura ≠ decentralized guarantee.
The significance of Bubblemaps is that it uses Wallet Clustering and Ownership Mapping to visually present these hidden danger signals. For retail investors, this is more real than any Twitter promotion or celebrity shout-out.
For MooKing myself, I would avoid investing in projects of this type that are 'star-endorsed' but lack a transparent token economy. Because the on-chain chart has already told you that this is not a long-term investment, but a short-term harvesting.
What about you? The next time you see a celebrity token FOMO, will you choose to follow, or will you open Bubblemaps to see the truth first?
