MINKY On Base Explodes 145% Overnight, Is This PEPE Alternative Next?
In a stunning overnight rally, MINKY on Base has exploded, with MINKY price climbing +145%, yet is Pepe alternative Pepe Unchained the best buy?
In a stunning overnight rally, MINKY on Base has exploded, with MINKY price climbing +145%, yet is viral PEPE alternative Pepe Unchained the best buy heading into September?
This article will explore the price trends around MINKY’s recent breakout move and explain why popular interest has led crypto analysts to label Pepe Unchained as the ‘best crypto to buy‘ for September.
However, amid the sensational move, allegations of a ‘scamcoin’ are already ripping through the crypto community on X – with some claiming the developer holds 80% of supply.
MINKY Price Analysis: How Is MINKY on BASE Shaping Up Amid Emerging Scamcoin Allegations?
First, before we dig into the price analysis, let’s investigate the claim that MINKY is likely owned by the developer by pulling up bubble maps—which instantly showcases a major cluster of connected holdings.
A closer inspection using an advanced analytical dApp named InsightX, reveals the extent of this potential developer’s cluster – currently standing at a shocking 59.46% of total supply in the hands of one user.
This is less than highlighted in the above tweet, two hours prior, which demonstrates that the developer is, at the very least, selling into strength—for now.
However, this also leaves retail investors and late entrants to MINKY exposed to overhead rug-pull risk in the event of a wider sell-off, which could spook the developer into dumpling the rest of their holdings.
For this reason, I advise exercising caution with this trade; although shifting attention to the technical structure, it’s clear to see the appeal as MINKY price holds tight in an impressive ascendant trading channel.
