According to Bubblemaps, based on location data from X (Twitter) of 38 tokens that were once highly rated with a large concentration of wallets, over 50% of the project teams are based in America, while Europe and India follow behind. These tokens have experienced severe price performance: the minimum drop reached 78%, and more than half of them declined by up to 99%.
Some typical examples include MELANIA and CR7 Fake, which show significant risks even with projects that have previously received attention. This analysis highlights the correlation between the location of the development team and the market performance of the token in the context of strong volatility in the crypto market.
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