The top 10 addresses hold more than half the coins. Is that necessarily a bad thing?
First, what it means: token concentration refers to how tokens are distributed across different addresses. Common metrics include the percentage held by the top 10 or top 100 addresses.
How it works: You can look up large-holder addresses on a blockchain explorer at any time. When large holders transfer tokens to an exchange, it’s often seen as a possible sign they may sell, but they might not sell right away.
$BONK airdropped half of its tokens to the Solana community at launch. Current price: 0.0₅276.
Don’t follow along just because everyone else is buying.
#BONK
Just sharing some notes. Make your own decisions about what to do.
First, what it means: token concentration refers to how tokens are distributed across different addresses. Common metrics include the percentage held by the top 10 or top 100 addresses.
How it works: You can look up large-holder addresses on a blockchain explorer at any time. When large holders transfer tokens to an exchange, it’s often seen as a possible sign they may sell, but they might not sell right away.
$BONK airdropped half of its tokens to the Solana community at launch. Current price: 0.0₅276.
Don’t follow along just because everyone else is buying.
#BONK
Just sharing some notes. Make your own decisions about what to do.
