. Approximately 80% of the tokens are concentrated in bundled addresses, CHUMP appears to be controlled by a single entity

Odaily Planet Daily News According to Bubblemaps monitoring, approximately 80% of the tokens of the Trump parody meme coin CHUMP on the Solana ecosystem are concentrated in bundled addresses and promoted by multiple crypto Twitter KOLs. On-chain data shows that before the token price surged, more than 75 new wallets were injected with similar amounts of SOL within a short period, which then purchased approximately 80% of the CHUMP tokens. These wallets had no prior on-chain activity, and the related funds were transferred through multiple layers of new addresses, Uniswap transactions, and Relay. Bubblemaps stated that it is currently unclear who actually controls the tokens, but the funding sources and trading patterns are highly similar, suggesting possible control by a single entity, and advised investors to participate cautiously.