TechFlow reports that on May 5, the on-chain analytics platform Bubblemaps posted on X, noting that the token MYSTERY may have exhibited highly centralized control during its initial launch phase—a pattern it described as a “textbook scam.”
Bubblemaps disclosed data indicating that approximately 90 newly created wallets seized roughly 90% of MYSTERY’s total supply at launch and have since continuously dumped tokens, having already cashed out over $100,000 while still holding around 40% of the total supply. Additionally, the token displayed clear characteristics of “bundled distribution” and centralized control at launch, and several KOLs promoting the token were reportedly engaged in paid promotion.
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