BubbleMaps Raises Concerns Over Potential Insider Manipulation of Atlas Token
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Insider Manipulation Concerns: BubbleMaps revealed that 68 wallets with coordinated behavior patterns control nearly 50% of the Atlas token supply, valued at approximately $1 million, indicating potential price manipulation risks that could harm retail investors.
- Token Promotion Issues: Following Whale Insider's promotion, the Atlas token surged 100% in 24 hours; however, BubbleMaps' analysis highlighted that its launch exhibited signs of insider coordination, potentially misleading investors.
- Market Risk Escalation: With the explosive growth of the memecoin market in 2024, BubbleMaps warns that an increasing number of projects may turn into rug pull scams, undermining investor confidence.
- Regulatory Challenges: The SEC has previously acted against celebrity promoters for undisclosed payments, yet it does not classify memecoins as securities, leaving investors without legal protections and increasing market uncertainty.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






