{"investigation":{"slug":"skyai-token","entity_name":"SKYAI Token","trust_score":44,"severity_base":45,"score_modifier":-1.4,"confidence":0.72,"status":"published","content_type":"investigation","summary":"SKYAI is a BNB Smart Chain token launched in April 2025 via the Four.meme launchpad, raising roughly $50 million in a widely publicized presale. The anonymous-team project has since been named by on-chain investigator ZachXBT and analytics firm Bubblemaps as showing a manipulation pattern similar to other tokens (RIVER, RAVE, SIREN, MYX, LAB) allegedly linked to coordinated wallets and centralized-exchange trading activity, and its price has fallen more than 95% from its May 2026 all-time high. No regulator has taken action against SKYAI, and the manipulation allegations remain unproven claims from investigators and researchers rather than confirmed findings.","sections":[{"content":"SKYAI launched on BNB Smart Chain through the Four.meme launchpad. According to a project-issued press release and independent crypto-media coverage, the presale ran in April 2025 and raised approximately 83,343 BNB (roughly $50 million) from about 112,306 unique contributor addresses in roughly 36 hours, which several outlets described as the largest presale by participant count on BNB Chain at the time. The token has a fixed maximum supply of 1,000,000,000 SKYAI, with the project's own materials stating the full supply was allocated to presale participants rather than to a venture or team allocation. No publicly named founders, executives, or core contributors have been identified for the project; the only documented point of contact associated with the April 2025 presale announcement is an individual identified only as \"Mason.\" The project is associated with a website describing an AI data-infrastructure concept built around the Model Context Protocol, but independent verification of that infrastructure's development or usage is limited.","heading":"Presale Launch and Token Structure","sources":[{"url":"https://mpost.io/skyai-becomes-first-four-meme-presale-to-surpass-major-solana-projects-raising-over-50m/","name":"SkyAI Becomes First Four.meme Presale to Surpass Major Solana Projects, Raising Over $50M","type":"news_article","credibility":2},{"url":"https://altfins.com/crypto-screener/skyai-skyai","name":"SKYAI Description (altFINS)","type":"research","credibility":2}],"severity":"medium"},{"content":"In May 2026, pseudonymous on-chain investigator ZachXBT, while publicizing allegations of insider-controlled price manipulation involving the token LAB on centralized exchanges, described LAB's trading pattern as part of \"a consistent playbook\" that he said also ran \"across RIVER, RAVE, SIREN, MYX, SKYAI, and now LAB,\" attributing the pattern to an alleged unknown market maker operating via exchanges based in China. A separate flash report on the LAB allegations noted that a wallet involved in the alleged LAB scheme was also \"dabbling in SkyAI's 1000% run,\" suggesting an on-chain link between wallets active in both tokens, though this link was not elaborated on in available reporting. Blockchain analytics firm Bubblemaps separately published an analysis, dated 14 May 2026, stating that SKYAI \"went parabolic with coordinated wallets and signs of CEX manipulation,\" noting the token rose roughly 20x to an $800 million fully diluted valuation after a year of little activity, and that it showed a pattern it had also observed in the tokens LAB, RAVE, and PIPPIN. These are allegations by investigators and analytics firms; they are not the subject of any confirmed regulatory or law-enforcement finding, and SKYAI's project team has not publicly responded in available reporting.","heading":"Manipulation Allegations Linked to ZachXBT and Bubblemaps","sources":[{"url":"https://www.tradingkey.com/news/cryptocurrencies/261896709-cryptopolitan","name":"ZachXBT accuses LAB token team of insider-controlled price manipulation (Cryptopolitan, via TradingKey)","type":"news_article","credibility":2},{"url":"https://blockchain.news/flashnews/zachxbt-exposes-lab-manipulation-scheme","name":"ZachXBT Exposes LAB Manipulation Scheme (flash note)","type":"news_article","credibility":2},{"url":"https://blog.bubblemaps.io/presidential-bundles-manipulation-interesting-events/","name":"Bubblemaps: Presidential Bundles, Manipulation & Interesting Events","type":"research","credibility":2}],"severity":"high"},{"content":"Analytics aggregator altFINS reported, as of early September 2026, that SKYAI's top 10 wallets held about 61% of circulating supply and its top 100 wallets held roughly 70%, describing holder concentration as high and citing on-chain investigators' manipulation concerns tied to a pattern of whale accumulation followed by distribution into retail-driven price rallies. The same source noted SKYAI has not undergone an independent third-party security audit and has no formal governance structure. Separately, crypto-media coverage (CryptoNews/CryptoPotato, reporting around May 2026) noted that CoinMarketCap data showed close to 62% of supply controlled by the top 10 holders, and that several market participants had observed a pattern of wallets accumulating SKYAI shortly before a major exchange announced listing support — a pattern commonly associated with insider or pre-listing front-running, though the reporting did not establish who controlled those wallets.","heading":"Wallet Concentration and Pre-Listing Accumulation","sources":[{"url":"https://altfins.com/crypto-screener/skyai-skyai","name":"SKYAI Description (altFINS)","type":"research","credibility":2},{"url":"https://cryptonews.net/en/news/analytics/32806484/","name":"CryptoNews.net analysis of SKYAI criticism","type":"news_article","credibility":2}],"severity":"high"},{"content":"SKYAI's price rose sharply after launch and again in a mid-2026 rally. AMBCrypto reported that the token rose 216% in a week in mid-June 2026, from about $0.151 to $0.479, before falling roughly 92% from that peak within three weeks; the article cited a researcher who, using Nansen on-chain data, said whale wallets sold into price bounces rather than holding, describing a pattern of narrative-driven pump, concentrated accumulation, distribution to retail buyers, and a subsequent sharp decline. Market-data aggregator CoinGecko recorded an all-time high near $0.856 and a price of roughly $0.031 as of late October 2026, a decline of approximately 96% from that peak. Figures on SKYAI across different trackers vary significantly and are not fully reconciled, likely reflecting differences in snapshot timing, so the decline percentage should be treated as approximate rather than precise.","heading":"Price Collapse","sources":[{"url":"https://ambcrypto.com/skyai-nears-october-2025-lows-as-manipulation-concerns-weigh-on-sentiment/","name":"SKYAI nears October 2025 lows as manipulation concerns weigh on sentiment (AMBCrypto)","type":"news_article","credibility":2},{"url":"https://www.coingecko.com/en/coins/skyai","name":"SKYAI (CoinGecko live market data)","type":"research","credibility":2}],"severity":"high"},{"content":"SKYAI was listed on multiple centralized exchanges following its presale, including a Gate.io spot-trading launch and staking promotion announced on 22 April 2025, under which Gate.io offered a GT staking pool distributing 854,701 SKYAI tokens with a projected annualized yield of up to 6.82%. SKYAI was also listed on Bitget, MEXC, BingX, and other venues, and the BNB Chain Foundation's wallet reportedly purchased SKYAI as part of its broader $100 million token incentive program. However, Bitget announced on 28 November 2025 that it would delist the SKYAI/USDT spot trading pair effective 5 December 2025 following a periodic review, suspending deposits immediately and allowing withdrawals only until 5 March 2026. Bitget's notice did not specify the reason for removal beyond a routine review process.","heading":"Exchange Listings and Bitget Delisting","sources":[{"url":"https://en.coinotag.com/breakingnews/gate-io-launches-skyai-spot-trading-and-staking-mining-with-up-to-6-82-returns/","name":"Gate.io Launches SKYAI Spot Trading and Staking Mining with up to 6.82% Returns","type":"news_article","credibility":2},{"url":"https://www.bitget.com/support/articles/12560603844175","name":"Bitget delisting notice for SKYAI/USDT and other spot pairs","type":"official","credibility":1}],"severity":"medium"},{"content":"Around May 2026, several individual commentators on social media publicly labeled SKYAI a scam. CryptoNews.net reported that one X user classified SKYAI as one of the \"top scam coins\" alongside RAVE, UB, and LAB, warning that investors could face steep losses, while another critic argued SKYAI amounted to \"another scam\" because the project lacked visible marketing, a functioning product, or revenue, attributing its price action to manipulation rather than fundamentals. These are the opinions of individual social-media commentators rather than findings from a regulator, exchange, or named on-chain investigator, and should be read as low-confidence, unverified allegations.","heading":"Community \"Scam Coin\" Criticism","sources":[{"url":"https://cryptonews.net/en/news/analytics/32806484/","name":"CryptoNews.net analysis of SKYAI criticism","type":"social_media","credibility":3}],"severity":"medium"}],"timeline":[{"date":"2025-04","event":"SKYAI launches via a presale on BNB Chain's Four.meme launchpad, raising roughly $50 million (about 83,343 BNB) from over 112,000 contributor addresses in about 36 hours.","source":"mpost.io","source_url":"https://mpost.io/skyai-becomes-first-four-meme-presale-to-surpass-major-solana-projects-raising-over-50m/"},{"date":"2025-04","event":"Gate.io launches SKYAI spot trading and a GT staking promotion offering up to 6.82% projected annualized returns.","source":"Coinotag","source_url":"https://en.coinotag.com/breakingnews/gate-io-launches-skyai-spot-trading-and-staking-mining-with-up-to-6-82-returns/","date_evidence":"Gate.io announced on April 22 ... SKYAI spot trading begins at 22:00 (UTC+8) on April 22.","date_original":"2025-04-22"},{"date":"2025-11-28","event":"Bitget publishes a notice announcing it will delist the SKYAI/USDT spot pair effective 5 December 2025.","source":"Bitget official notice","source_url":"https://www.bitget.com/support/articles/12560603844175","date_evidence":"The notice was published on 28 November 2025."},{"date":"2025-12-05","event":"Bitget delists the SKYAI/USDT spot trading pair; deposits suspended, withdrawals permitted until March 2026.","source":"Bitget official notice","source_url":"https://www.bitget.com/support/articles/12560603844175","date_evidence":"SKYAI/USDT is removed from unified account spot trading on 5 December 2025 at 10:00 (UTC)."},{"date":"2026-05-14","event":"Bubblemaps publishes analysis describing SKYAI as having gone \"parabolic with coordinated wallets and signs of CEX manipulation,\" grouping it with LAB, RAVE, and PIPPIN.","source":"Bubblemaps blog","source_url":"https://blog.bubblemaps.io/presidential-bundles-manipulation-interesting-events/","date_evidence":"The article is dated 14 May 2026."},{"date":"2026-05-14","event":"ZachXBT, publicizing allegations against the LAB token team, describes an alleged manipulation \"playbook\" running across RIVER, RAVE, SIREN, MYX, SKYAI, and LAB.","source":"Cryptopolitan via TradingKey","source_url":"https://www.tradingkey.com/news/cryptocurrencies/261896709-cryptopolitan","date_evidence":"May 14, 2026, 7:36 PM: Article publication date (Cryptopolitan)."},{"date":"2026-06","event":"SKYAI rallies 216% in about a week, from roughly $0.151 to $0.479, before entering a sustained decline.","source":"AMBCrypto","source_url":"https://ambcrypto.com/skyai-nears-october-2025-lows-as-manipulation-concerns-weigh-on-sentiment/"},{"date":"2026-07-09","event":"AMBCrypto reports SKYAI has fallen about 92% from its mid-June high, with researchers citing Nansen data showing whale wallets selling into price bounces.","source":"AMBCrypto","source_url":"https://ambcrypto.com/skyai-nears-october-2025-lows-as-manipulation-concerns-weigh-on-sentiment/","date_evidence":"published July 9, 2026"}],"sources_used":[{"url":"https://mpost.io/skyai-becomes-first-four-meme-presale-to-surpass-major-solana-projects-raising-over-50m/","name":"SkyAI Becomes First Four.meme Presale to Surpass Major Solana Projects, Raising Over $50M","type":"news_article","archive_url":null,"credibility":2,"archive_timestamp":null},{"url":"https://altfins.com/crypto-screener/skyai-skyai","name":"SKYAI Description (altFINS)","type":"research","archive_url":"http://web.archive.org/web/20260209140415/https://altfins.com/crypto-screener/skyai-skyai","credibility":2,"archive_timestamp":"2026-02-09T14:04:15+00:00"},{"url":"https://www.tradingkey.com/news/cryptocurrencies/261896709-cryptopolitan","name":"ZachXBT accuses LAB token team of insider-controlled price manipulation (Cryptopolitan, via TradingKey)","type":"news_article","archive_url":null,"credibility":2,"archive_timestamp":null},{"url":"https://blockchain.news/flashnews/zachxbt-exposes-lab-manipulation-scheme","name":"ZachXBT Exposes LAB Manipulation Scheme (flash note)","type":"news_article","archive_url":null,"credibility":2,"archive_timestamp":null},{"url":"https://blog.bubblemaps.io/presidential-bundles-manipulation-interesting-events/","name":"Bubblemaps: Presidential Bundles, Manipulation & Interesting Events","type":"research","archive_url":"http://web.archive.org/web/20261016041942/https://blog.bubblemaps.io/presidential-bundles-manipulation-interesting-events/","credibility":2,"archive_timestamp":"2026-10-16T04:19:42+00:00"},{"url":"https://cryptonews.net/en/news/analytics/32806484/","name":"CryptoNews.net analysis of SKYAI criticism","type":"news_article","archive_url":null,"credibility":2,"archive_timestamp":null},{"url":"https://ambcrypto.com/skyai-nears-october-2025-lows-as-manipulation-concerns-weigh-on-sentiment/","name":"SKYAI nears October 2025 lows as manipulation concerns weigh on sentiment (AMBCrypto)","type":"news_article","archive_url":"http://web.archive.org/web/20260711152230/https://ambcrypto.com/skyai-nears-october-2025-lows-as-manipulation-concerns-weigh-on-sentiment/","credibility":2,"archive_timestamp":"2026-07-11T15:22:30+00:00"},{"url":"https://www.coingecko.com/en/coins/skyai","name":"SKYAI (CoinGecko live market data)","type":"research","archive_url":"http://web.archive.org/web/20261010192830/https://www.coingecko.com/en/coins/skyai","credibility":2,"archive_timestamp":"2026-10-10T19:28:30+00:00"},{"url":"https://en.coinotag.com/breakingnews/gate-io-launches-skyai-spot-trading-and-staking-mining-with-up-to-6-82-returns/","name":"Gate.io Launches SKYAI Spot Trading and Staking Mining with up to 6.82% Returns","type":"news_article","archive_url":null,"credibility":2,"archive_timestamp":null},{"url":"https://www.bitget.com/support/articles/12560603844175","name":"Bitget delisting notice for SKYAI/USDT and other spot pairs","type":"official","archive_url":"http://web.archive.org/web/20251220035809/https://www.bitget.com/support/articles/12560603844175","credibility":1,"archive_timestamp":"2025-12-20T03:58:09+00:00"}],"source_tags":[],"addresses":[],"reviewed":true,"reviewed_by":null,"model_used":"claude-code-investigator","created_at":"2026-05-31T07:35:58.342672+00:00","updated_at":"2026-11-01T17:55:02.244+00:00"},"source_quality":{"total":10,"tier1":0,"tier2":0,"tier3":0,"unrated":10},"follower_count":null,"content_updated_at":"2026-11-01T17:55:03.962Z","last_fact_checked_at":"2026-11-01T17:55:02.661Z","fact_check_next_allowed_at":"2026-11-08T17:55:02.661Z","update_next_allowed_at":"2026-11-07T20:15:40.704Z"}