According to @bubblemaps, MYX Finance launched its token and ran an airdrop in which 100 sybil-linked addresses collectively received 1% of the total supply while the fully diluted valuation jumped to about $20B overnight, implying roughly $200M for that 1% tranche, source: @bubblemaps. @bubblemaps adds that the project’s subsequent public response was long and vague, described as GPT-like, which they argue makes the situation more suspicious, source: @bubblemaps. These on-chain concentration findings and the rapid FDV spike are material to trader risk assessment for distribution quality and price discovery, source: @bubblemaps.