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Regarding the JIGGLYPUFF project, developer devsnightmare stated that there are no snipers or internal personnel involved, and the team holds 5.3% of the tokens. Based on existing data, Bullie and aiwass are the main token holders. On-chain data shows two obvious clusters of holdings in the Bubble Map — one accounting for 9.4%, and the other reaching 5.3%. The exchange-related wallet clusters on the CEX Map are even more concentrated, accounting for 62.5%. Wallet addresses supported by Binance funds also show a significant token scale, reflecting the liquidity distribution at the exchange level. Overall, the token distribution of the project shows certain centralization characteristics, with a particularly high concentration on the exchange side.