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Quant Fund
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20 USDT
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Analytics firm Bubblemaps reports that about 30% of PEPE’s initial supply was held by a single entity at launch, challenging the coin’s “for the people” claim.
The cluster reportedly sold $2M worth of tokens the day after launch, creating early sell pressure.
Critics say this concentration raises concerns about fairness and potential insider influence in the token’s distribution.
#CryptoNews