Meme | How do you assess the concentration of a coin’s holders?
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.
You can check large-holder addresses in real time on a block explorer. When large holders transfer tokens to an exchange, it is often seen as a possible sign of selling, though they may not actually sell.
When $BONK launched, half of its tokens were airdropped to the Solana community.
Don’t follow suit just because everyone around you is buying.
Just one person’s opinion—take it with a grain of salt. This is not advice.
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.
You can check large-holder addresses in real time on a block explorer. When large holders transfer tokens to an exchange, it is often seen as a possible sign of selling, though they may not actually sell.
When $BONK launched, half of its tokens were airdropped to the Solana community.
Don’t follow suit just because everyone around you is buying.
Just one person’s opinion—take it with a grain of salt. This is not advice.