On-chain investigator ZachXBT exposes serious due diligence failures in Kraken's listing of Memecore's $M token, revealing 99.6% insider control and inflated $6B market cap against only 230 million unlocked tokens. He draws parallels to RaveDAO's $RAVE collapse (95% crash) and offers a $25,000 bounty.
On-chain investigator ZachXBT has raised concerns over Memecore’s M token, citing concentrated insider ownership, disputed circulating supply, and suspicious flows linked to Kraken. The case is drawing comparisons to the earlier RAVE collapse and renewing scrutiny of exchange listing standards.
On-chain investigator ZachXBT accused Kraken of listing Memecore's $M token without proper due diligence, revealing that insiders control over 99.6% of the supply. He offered a $25,000 bounty for information, drawing parallels to the $RAVE token crash that erased $6 billion in market cap.
On-chain investigator ZachXBT targets Kraken over its listing of Memecore's $M token, finding insider control of over 90% of supply and suspicious on-chain movements. He draws parallels to the $RAVE collapse, where $6B market cap was erased within hours. $M price drops 0.3% to $3.54.
From March 23 to 29, 21 altcoins will unlock over $130M worth of tokens. GateToken's $44.2M unlock leads, while Spacecoin and Nillion unlock over 36% of their market cap, posing significant sell pressure.
From March 23 to 29, 2026, a total of 21 altcoins will undergo token unlocks worth over $140 million. Spacecoin and Nillion lead with unlock ratios exceeding 36%. Bitcoin dips to $68,730 amid geopolitical tensions.
Over 21 crypto projects will unlock tokens this week, with total unlocked value exceeding $130 million. Spacecoin (36.58%) and Nillion (36.18%) have the highest unlock ratios, potentially causing selling pressure. Bitcoin dropped to $68,730 amid geopolitical tensions.
According to CryptoComLearn, 21 altcoins will unlock tokens worth over $130 million this week (March 23-29). Spacecoin tops the list with 36.58% of its supply unlocked, while Nillion and Midnight also face significant dilution risks.
