How can you check a coin’s holder concentration? Many people can’t answer!
Holder concentration refers to how a token is distributed across different addresses. Common metrics include the percentage of tokens held by the top 10 or top 100 addresses.
Coins with widely distributed airdrops tend to have a more dispersed holder base at the start. However, if airdrop recipients sell in droves, that can also create selling pressure.
There’s nothing wrong with playing it safe. Staying in the game matters far more than making a big profit just once.
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