According to Bubblemaps, wallet address 49UUeT purchased 4.7% of KINS token supply for approximately $127 just 2 minutes before the project disclosed the contract address on X on May 22, the day KINS launched. The position is now worth over $600,000, according to current prices.
Bubblemaps flagged the timing as suspicious, questioning whether the early purchase was "luck or insider information." KINS is the native token of Kintara, a browser-based MMO game on Solana that reached a market cap of $15 million shortly after launch.