Meme | How can you assess a coin’s holder concentration?
The same party may split its tokens across many new addresses, and transaction records can often reveal links between these addresses.
The more concentrated the holdings, the greater the price impact when a small number of addresses sell; conversely, a small number of addresses can more easily push the price up.
$BONK airdropped half of its tokens to the Solana community at launch. It is currently at 0.0₅288.
Make sure you understand the rules before taking action. Don’t trade on gut feeling.
The same party may split its tokens across many new addresses, and transaction records can often reveal links between these addresses.
The more concentrated the holdings, the greater the price impact when a small number of addresses sell; conversely, a small number of addresses can more easily push the price up.
$BONK airdropped half of its tokens to the Solana community at launch. It is currently at 0.0₅288.
Make sure you understand the rules before taking action. Don’t trade on gut feeling.