In accordance with BitcoinSistemi, cryptocurrency research platform Bubblemaps has analyzed the location data of 38 controversial altcoin projects known for dense wallet clustering, transparency debates, and sharp price crashes. The study found that over 50% of the projects originated in the United States, followed by Europe and India. Most tokens experienced price declines between -97% and -100%, with examples including MELANIA, CR7 Fake, FRIES, and ZEUS. The report also lists each project's origin and price change, with several European and Indian projects also showing massive losses.
Analysis Reveals Origins of 38 Controversial Altcoins with Price Drops of Up to -100%
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