Meme|How can you assess a token’s holder concentration?
Some token-launch platforms display the largest holders’ positions and the issuer’s holdings directly on the token page, making them easy for users to check.
The more concentrated the holdings, the greater the price impact when a few addresses sell. Conversely, a few addresses can also push the price up more easily.
When $BONK launched, it airdropped half of its tokens to the Solana community.
Don’t buy just because everyone around you is buying.