On-chain analysts tracked and found that 53 new memecoins originated from the same set of operational wallets, with at least $18.4 million siphoned off in total. The commonalities are clear: mass issuance from deployment addresses, highly concentrated token holdings, and liquidity that is not locked. The defensive response is straightforward: first check the deployment wallet’s history—if the same address has issued multiple tokens, skip it directly; don’t touch anything where the top ten holders exceed 30% or where the LP is not locked.
Looking at the current market, LINK is trading at 15.27, up 8.4% over the past 24 hours. Major coins have deep liquidity and widely distributed holdings, so there is no structural risk of a single address controlling the pool and draining funds. The screening approach is really needed for those new listings that spike right out of the gate and have empty or missing on-chain data.
#LINK
Looking at the current market, LINK is trading at 15.27, up 8.4% over the past 24 hours. Major coins have deep liquidity and widely distributed holdings, so there is no structural risk of a single address controlling the pool and draining funds. The screening approach is really needed for those new listings that spike right out of the gate and have empty or missing on-chain data.
#LINK