About token holder concentration:
Before looking at the share held by whales, first exclude addresses such as liquidity pools, burn addresses, exchange wallets, and locked-token contracts.
Tokens with relatively dispersed airdrops will also have relatively dispersed holders at the outset. However, if airdrop recipients sell in droves, this will likewise create selling pressure.
$BONK 0.0₅288(-5.57%)
#BONK
Before looking at the share held by whales, first exclude addresses such as liquidity pools, burn addresses, exchange wallets, and locked-token contracts.
Tokens with relatively dispersed airdrops will also have relatively dispersed holders at the outset. However, if airdrop recipients sell in droves, this will likewise create selling pressure.
$BONK 0.0₅288(-5.57%)
#BONK