A few words about holder concentration:
Addresses that use programs to buy first in the initial blocks after launch are usually called “sniper” addresses.
The more concentrated the holdings, the greater the impact a few addresses selling can have on the price; conversely, a few addresses can also more easily push the price up.
Sniping bots rush to buy conspicuous new coins, and by the time regular users enter, the price has usually been pushed up considerably. Don’t rush to follow.
$BONK 0.0₅284(+1.07%)
Addresses that use programs to buy first in the initial blocks after launch are usually called “sniper” addresses.
The more concentrated the holdings, the greater the impact a few addresses selling can have on the price; conversely, a few addresses can also more easily push the price up.
Sniping bots rush to buy conspicuous new coins, and by the time regular users enter, the price has usually been pushed up considerably. Don’t rush to follow.
$BONK 0.0₅284(+1.07%)
