Bubblemaps Flags Suspected Wallet Bundling Manipulation in FIFA World Cup-Themed WCUP Token

Bubblemaps said a FIFA World Cup-themed token, WCUP, showed signs of serious wallet-bundling manipulation after its launch, with newly created wallets allegedly acquiring most of the circulating supply. According to Foresight News, Bubblemaps disclosed on X that WCUP’s market capitalization briefly rose to $50 million after listing, while multiple KOLs promoted the token through paid collaborations that were mostly not publicly disclosed. Bubblemaps’ on-chain data indicated that about 30 minutes before WCUP went live, more than 30 newly created wallets received rapid funding via centralized exchanges. The wallets reportedly had no prior on-chain activity and bought about 95% of the token’s circulating supply at launch. Afterward, the wallets allegedly attempted to distribute tokens across multiple addresses using Uniswap Router instructions to obscure potential links among them.