On the same page, two figures give very different answers about how much the top ten hold: $COAI shows a difference of more than 12 times.
The dashboard says 7.4%. I added up the holders’ leaderboard: the top holder has 23%, the second has 18.8%, the top five together have 79.5%, and the top ten together have 92.7%. A separate check on the same page also says 92.9%, which matches the sum. That 7.4% looks like a misplaced figure from another table.
By this calculation, the top ten hold 929 million tokens out of 76,300 holder addresses, worth about $222 million. The remaining 70-plus million tokens, worth about $16.9 million, are spread across the other 76,000-plus addresses—an average of around $222 per address. The number of holders looks substantial, but the tokens are really in the hands of a small number of addresses.
This coin is in the decentralized AI agent space, a familiar name on BSC, and it first appeared on the leaderboard last September. This morning, the page showed a price of about $0.2394. It was down on the day, though sources disagreed on by how much: some said less than 1%, others more than 8%. Daily trading volume was about $2.1 million: 4,550 buy orders worth $1.04 million and 5,100 sell orders worth $1.05 million. The two sides were basically even, but the price still couldn’t hold. There are also two different market-cap figures: using the total supply of 1 billion tokens gives about $239 million, while using the circulating supply of 188 million gives about $45 million. Depending on which figure you use, the market size differs by more than five times.
If you’re holding this token, do one thing first: don’t just look at the dashboard figure. Add up the top ten on the holders’ leaderboard yourself, and only then think further if it matches the 92.9% figure. If the dashboard’s 7.4% is corrected someday and lines up with the holders’ leaderboard, this article’s take is no longer valid—recalculate using the new figures.
This is not investment advice. Alpha projects are high-risk and may go to zero. Which figure do you trust: the dashboard or the holders’ leaderboard?
#币安Alpha #前十持仓 #On-chain number-crunching
The dashboard says 7.4%. I added up the holders’ leaderboard: the top holder has 23%, the second has 18.8%, the top five together have 79.5%, and the top ten together have 92.7%. A separate check on the same page also says 92.9%, which matches the sum. That 7.4% looks like a misplaced figure from another table.
By this calculation, the top ten hold 929 million tokens out of 76,300 holder addresses, worth about $222 million. The remaining 70-plus million tokens, worth about $16.9 million, are spread across the other 76,000-plus addresses—an average of around $222 per address. The number of holders looks substantial, but the tokens are really in the hands of a small number of addresses.
This coin is in the decentralized AI agent space, a familiar name on BSC, and it first appeared on the leaderboard last September. This morning, the page showed a price of about $0.2394. It was down on the day, though sources disagreed on by how much: some said less than 1%, others more than 8%. Daily trading volume was about $2.1 million: 4,550 buy orders worth $1.04 million and 5,100 sell orders worth $1.05 million. The two sides were basically even, but the price still couldn’t hold. There are also two different market-cap figures: using the total supply of 1 billion tokens gives about $239 million, while using the circulating supply of 188 million gives about $45 million. Depending on which figure you use, the market size differs by more than five times.
If you’re holding this token, do one thing first: don’t just look at the dashboard figure. Add up the top ten on the holders’ leaderboard yourself, and only then think further if it matches the 92.9% figure. If the dashboard’s 7.4% is corrected someday and lines up with the holders’ leaderboard, this article’s take is no longer valid—recalculate using the new figures.
This is not investment advice. Alpha projects are high-risk and may go to zero. Which figure do you trust: the dashboard or the holders’ leaderboard?
#币安Alpha #前十持仓 #On-chain number-crunching
