Bubblemaps Flags XST Memecoin as Potential Rug-Pull Scheme

Bubblemaps has issued a warning about the XST memecoin, citing high concentrations of supply held by a small cluster of addresses.

The platform's analysis suggests that these addresses may belong to the project's insiders, giving them outsized control over the token's price and liquidity.

XST has gained traction on TikTok, where influencers and viral videos have promoted it as a high-growth opportunity.

Bubblemaps urges investors to avoid XST due to its opaque ownership structure and potential for rug-pull schemes.