The blockchain analytics company BubbleMaps has warned that XST, a meme coin rapidly spreading on TikTok, has approximately 74% of its supply concentrated in a small cluster of wallets.
BubbleMaps, known for its warnings prior to major market crashes, advised potential buyers to stay away from this token.
Is it Safe to Invest in TikTok-Viral Token XST?
BubbleMaps published its analysis of the XST token on X, accompanied by a characteristically brief, one-word message: "bro".
bro https://t.co/Qx1278eHsh pic.twitter.com/letj3Q8FLg
— Bubblemaps (@bubblemaps) August 13, 2026
The analysis showed that around 74% of the total XST supply is concentrated in the hands of a narrow group of addresses, which could coordinate their actions to manipulate the price. The company has pointed out this same distribution issue in many other projects.
A token distribution map created by the company itself, dated August 13, shows that a single cluster of 244 wallets holds almost half of the entire supply. However, TikTok users, to whom the project is marketed as a quick way to make money through viral influencer videos, may never find out who controls the token supply.
According to BubbleMaps data, the XST token price rose by 28.8% and was trading around $0.06 at the time of publication, with the project's market capitalization valued at approximately $70 million.
A trader named Bando described XST on X as a "$70 million rug, marketed on TikTok," echoing BubbleMaps' findings and adding fake profit screenshots. The project's tactics even include AI-generated Trump videos.
Jack Duval also posted, calling the project a "Trump-themed fraudulent crime RPG."
He argued that the coin's listing on the FOMO trading platform lends it an air of legitimacy and called for the token's verification badge to be revoked and for it to be delisted.
What Other Projects Has BubbleMaps Warned About?
The day before posting about XST, the token $LAB, which BubbleMaps had previously warned about, collapsed by 99%.
Cryptopolitan reported that a group of 313 wallets that conducted a pre-sale dump saw their collective paper assets fall from over $1 billion to roughly $6.8 million. The $LAB token is currently trading around $0.12, while its all-time high was $27.22.
BubbleMaps also issued a warning about CASHDOG back in July while analyzing meme coins on the Robinhood Chain. The token's top wallets were funded by one-time dumps, indicating a coordinated coin launch rather than organic purchases.
The same study found that 63% of the 164,538 traders actively using the top 50 tokens on the chain had incurred losses.
