Blockchain analysis platform Bubblemaps has uncovered serious suspicions of manipulation in the APR token airdrop of the aPriori project, which is backed by prominent investors. According to Bubblemaps, 60% of aPriori’s airdrop on the BNB Chain was claimed by a single entity using approximately 14,000 linked addresses.
The aPriori project, which had previously raised $30 million in funding, launched its APR token on the BNB Chain on October 23rd. The token quickly reached a market capitalization of $300 million. Prior to the mainnet launch, 12% of the total token supply was distributed through an airdrop campaign. However, this recent discovery raises serious questions about the fairness and transparency of the distribution process.
Bubblemaps’ analysis revealed that all suspicious wallets were newly funded on the Binance exchange, each receiving 0.001 BNB. These transactions took place within narrow timeframes, suggesting coordinated activity. Following the receipt of the airdropped APR tokens, the wallets transferred them to other newly created addresses.
Based on their on-chain cluster analysis, Bubblemaps concluded that these transactions were orchestrated by a single controlling entity. The platform stated, “This project raised $30 million from top-tier investors, but 60% of the airdrop was collected by a single entity. It’s unclear how these addresses were deemed eligible.”
Attempts by Bubblemaps to contact the aPriori team for clarification have, so far, gone unanswered. Meanwhile, the suspicious entity reportedly continues to create new wallets and claim additional APR tokens from the airdrop.
aPriori is regarded as one of the most anticipated projects within the Monad ecosystem. However, this potential manipulation could cast a shadow over its growing reputation and raise concerns among the community and investors.
*This is not investment advice.*
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