token concentration

InsightX launches Atlas Live, a live map of token concentration, enabling traders to analyze and spot potential rug pulls in real-time, marking a new era of on-chain trading transparency. Atlas Live provides traders with a tool to make informed decisions. This innovation increases transparency in the trading process.

The article criticizes RaveDao, a cryptocurrency, for being a scam that exploits the crypto market's lack of regulation. It questions major exchanges like Coinbase for listing such projects without due diligence, highlighting how a small number of addresses control 90% of the tokens and how the price collapsed after community scrutiny.