The top ten addresses hold more than half of the coins—is that necessarily a bad thing?
Holder concentration refers to how tokens are distributed across addresses. Common metrics include the percentage held by the top 10 or top 100 addresses.
Sniping bots front-run new tokens, and by the time ordinary users get in, the price has usually been pushed up considerably. Don’t rush to follow the crowd.
When $BONK launched, it airdropped half of its tokens to the Solana community. Current price: 0.0₅29.
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#BONK