Bubblemaps: Meme Coin BULLISH Token Experiences Severe Price Pegging

BlockBeats News, November 20th, Blockchain analysis platform Bubblemaps tweeted that the meme coin BULLISH token has a significant whale holding phenomenon, with 70% of the token's supply held by wallets that received funds from a new wallet owned by Binance.

Between September 13th and 24th, more than 150 wallets received funds within a tight time window. Each wallet received a transfer of SOL to a new wallet, which then completed the purchase within the first 30 minutes of BULLISH's listing on October 2nd.

According to GMGN data, as of the time of writing, BULLISH has a market capitalization of $30.97 million, with a 24-hour price increase of 28.28%.