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.

According to @MoonshotToken, inquiries about whether Moonshot will list users’ altcoin bags have increased, but the team has clarified that listing decisions depend on strict due diligence and market demand (source: @MoonshotToken, official Twitter, June 2024). For traders, this means that holding unlisted tokens carries substantial liquidity risk until official announcement. Monitoring Moonshot’s upcoming listings and community signals can help identify early trading opportunities and manage exposure to low-liquidity assets. The listing of new tokens on Moonshot is often associated with short-term price volatility and increased trading volume, offering both risk and opportunity for active market participants.