$IDOL ranked first in recent gains. It features token burns and buybacks.
Looking at the percentage held by the top 8 holders, this is a token tightly controlled by the project team, with 72.41% of the supply in the hands of whales.
The team previously announced the burning of 23.47 million IDOL tokens (increasing the value of the tokens they hold), and a buyback program launched on September 4 (boosting liquidity and attention).
The daily chart shows that this whale accumulated tokens at the bottom for three months, with funds continuously flowing in on-chain throughout that period.
After all the effort to build momentum in the short term, the whale won’t dump its holdings and crash the price anytime soon. This should attract more retail investors.
The current price is 0.013, so you can enter a long position. Set your target and stop-loss 👇 Opportunities are always there.
#IDOL
Looking at the percentage held by the top 8 holders, this is a token tightly controlled by the project team, with 72.41% of the supply in the hands of whales.
The team previously announced the burning of 23.47 million IDOL tokens (increasing the value of the tokens they hold), and a buyback program launched on September 4 (boosting liquidity and attention).
The daily chart shows that this whale accumulated tokens at the bottom for three months, with funds continuously flowing in on-chain throughout that period.
After all the effort to build momentum in the short term, the whale won’t dump its holdings and crash the price anytime soon. This should attract more retail investors.
The current price is 0.013, so you can enter a long position. Set your target and stop-loss 👇 Opportunities are always there.
#IDOL
