FIST Token’s $3.52 Surge Sparks Whale-Led Liquidity Crisis

- Whale dominance and insider sell-offs put FIST's market stability at risk. - Fragile liquidity after years of dormancy raises market concerns. Fistbump (FIST), a token in the BNB Chain ecosystem, experienced a surprising resurgence. On August 28, 2025, Cryptopolitan reported that the token rallied to $3.52 after years of inactivity, a sharp price increase that has now ignited both excitement and warnings about significant market vulnerabilities. On-chain data highlights a single whale controlling 77% of the liquidity in FIST's main trading pair on PancakeSwap. This disproportionate control alarms investors about the risk of a "rug pull," an event where a whale withdraws substantial liquidity, leaving other traders unable to exit their positions. In addition, insider sell-offs and whale cash-outs during the price rally amplify concerns about potential manipulation. FIST's trading volume is highly concentrated, as over 95% of its daily transactions occur within a single PancakeSwap pair. This dependence leaves its market stability precariously vulnerable because should the dominant liquidity provider pull out, the token faces the threat of a sudden and steep price collapse. The token also has a controversial history that further fuels skepticism. After its July 2022 launch, FIST surged briefly to $3.36 before it crashed and languished at minimal value for years. Developers recently attempted to relaunch it as a decentralized finance (DeFi) hub on the BNB Chain; however, this effort faces critical scrutiny, as some analysts suggest the revival might be an attempt to exploit speculative market trends. Meanwhile, in the broader BNB Chain ecosystem, market data shows that as of August 28 at 20:14 UTC, Binance Coin (BNB) was trading at $869.49, and its 24-hour trading volume had increased by 1.25%.