🔥 Meme deep dive: token holder concentration
Tokens with more widely distributed airdrops tend to have a more dispersed holder base at the start. However, when airdrop recipients rush to sell, that can also create selling pressure.
Be cautious when large holders transfer tokens to exchanges in a concentrated manner, but don't jump to conclusions based on a single transfer.
$BONK airdropped half of its tokens to the Solana community at launch. It's currently at 0.0₅282.
If you have a beginner friend, why not send this to them?
Tokens with more widely distributed airdrops tend to have a more dispersed holder base at the start. However, when airdrop recipients rush to sell, that can also create selling pressure.
Be cautious when large holders transfer tokens to exchanges in a concentrated manner, but don't jump to conclusions based on a single transfer.
$BONK airdropped half of its tokens to the Solana community at launch. It's currently at 0.0₅282.
If you have a beginner friend, why not send this to them?
