A public dispute has erupted on crypto Twitter after Bubblemaps alleged that wallets linked to Beaver [@beaverd] were involved in repeated memecoin pump-and-dump activity.
This prompted a dismissive response from the creator shortly after winning a $1 million X Creators competition.
Bubblemaps published a thread tracing on-chain activity tied to wallets it claims are connected to @beaverd.
According to the analysis, those wallets repeatedly launched memecoins, primarily via Pump.fun. They then went on to sell shortly after launch, leaving tokens to collapse to near-zero value.
One highlighted example, a token called $SIAS, briefly surged to an estimated $6 million market capitalization before rapidly dumping. Bubblemaps estimates profits of roughly $600,000 across linked wallets.
On-chain claims and wallet activity
Bubblemaps pointed to Solana explorer data showing multiple CREATE TOKEN actions tied to wallets it says form part of the same cluster.
Screenshots shared by the analytics firm show repeated token launches over several months, with many of the tokens later becoming inactive or worthless.
Source: X
Bubblemaps also claimed that, despite not promoting some tokens publicly, wallets still traded them, suggesting insider positioning during launches. The firm characterized the activity as part of a broader pattern rather than an isolated incident.
Public response from the creator
Hours after the thread gained traction, @beaverd responded on X, posting: “cry me a river” and adding that the examples cited were “not even the top 5 greatest hits.” The reply did not dispute the wallet links or the on-chain transactions outlined by Bubblemaps.
The response drew immediate backlash from parts of the crypto community, with critics questioning the ethics of memecoin launches tied to influential creators, particularly when those creators benefit from visibility and credibility within the ecosystem.
Context: creator incentives and memecoins
The controversy comes amid renewed debate around memecoin culture and creator incentives on crypto-native platforms.
While memecoins are often seen as speculative and short-lived, analysts have increasingly scrutinized launches in which insiders appear to profit early while retail participants absorb losses.
As of publication, @beaverd has not issued a formal statement addressing the specifics of the Bubblemaps findings.
Final Thoughts
- Bubblemaps’ on-chain analysis has intensified scrutiny on creator-linked wallets and memecoin launch practices.
- The creator’s dismissive response has shifted the story from on-chain data to broader questions of accountability and incentives in crypto media.
