The top 10 addresses hold more than half of the tokens—is that necessarily dangerous?
Some token launch platforms show the largest holders’ and issuer’s holdings right on the token page, making it easy for users to check.
Sniping bots rush to buy newly launched tokens that stand out. By the time ordinary users get in, the price has usually already been pushed up quite a bit, so don’t rush to follow.
When $BONK launched, half of its tokens were airdropped to the Solana community. The current price is 0.0₅313.
If there’s anything I haven’t covered, let me know in the comments.
#BONK
Some token launch platforms show the largest holders’ and issuer’s holdings right on the token page, making it easy for users to check.
Sniping bots rush to buy newly launched tokens that stand out. By the time ordinary users get in, the price has usually already been pushed up quite a bit, so don’t rush to follow.
When $BONK launched, half of its tokens were airdropped to the Solana community. The current price is 0.0₅313.
If there’s anything I haven’t covered, let me know in the comments.
#BONK