The top ten addresses hold more than half the coins. Is that necessarily dangerous?
Coins with more widely distributed airdrops tend to have more dispersed holdings at the start, but if airdrop recipients rush to sell, that can also create selling pressure.
Before looking at the share held by whales, first exclude addresses such as liquidity pools, burn addresses, exchange wallets, and vesting contracts.
Understanding this won’t make me an expert overnight, but it can help me avoid a few basic mistakes.
Understand the principles before getting started, and don’t make decisions on impulse.
$BONK 0.0₅299（-2.61%）
#BONK
Coins with more widely distributed airdrops tend to have more dispersed holdings at the start, but if airdrop recipients rush to sell, that can also create selling pressure.
Before looking at the share held by whales, first exclude addresses such as liquidity pools, burn addresses, exchange wallets, and vesting contracts.
Understanding this won’t make me an expert overnight, but it can help me avoid a few basic mistakes.
Understand the principles before getting started, and don’t make decisions on impulse.
$BONK 0.0₅299（-2.61%）
#BONK
