ELON Token Holdings Are Highly Concentrated: Over three-quarters of the supply are held in just 31 wallets. This extreme distribution of holdings raises concerns about market risk.
Project Overview: - Token Name: Dogelon (ELON) - Blockchain: Ethereum - Key Data: 76% of liquidity concentrated in 31 addresses
Such token concentration typically indicates potential risks of market manipulation and price volatility. Monitoring changes in this type of holding distribution can help investors better understand the movements of large holders and market structure.
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BTCRetirementFund
· 20h ago
31 wallets hold 76%, isn't this the prelude to a rug pull...
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Same old story, big players say buy, retail takes the hit, old tricks again
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Dogelon? Never heard of it, but this data looks dangerous
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With this level of concentration, can I sleep peacefully? Honestly, it's just gambling
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Why do people keep jumping into these pits? I really don't get it
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76%? Just one thought from them can crash the market, and what about us?
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Looking at this data makes me think of past losses... Maybe I should just give up next time
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Wait, only 31 wallets? Then what are my chips, dust?
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This is true "decentralization" haha, how ironic
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Such high liquidity concentration, and people still dare to touch it, impressive
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ETHReserveBank
· 01-10 11:56
76% of the wallets hold 31 wallets? Isn't this just a naked farmland, where retail investors are simply feeding the market?
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ELON's concentration... do you really dare to touch it? One dump and it's all gone.
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Three-quarters are in 31 addresses, this is not a project, it's a game of chips.
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Looking at this data, I just laugh. Luckily, I didn't get in on this before.
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What does extreme concentration mean? Everyone understands, this is a bomb waiting to explode.
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Holding positions so absurdly concentrated, and still calling it decentralization? How ironic.
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ser_ngmi
· 01-10 11:55
76% concentrated in 31 addresses... Isn't this playing with fire? A pump could wipe out retail investors.
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AllTalkLongTrader
· 01-10 11:51
76% concentrated in 31 wallets? Isn't this just waiting to cut the leeks, with big players dumping and causing a sharp crash
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CrashHotline
· 01-10 11:48
31 wallets hold 76%? That's the so-called "whale buffet," retail investors, stay away.
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GateUser-40edb63b
· 01-10 11:47
31 wallets control 76%, how intense is that... feels like a slaughter could happen at any time
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OffchainOracle
· 01-10 11:45
76% concentrated in 31 wallets? That would require a really aggressive pump, retail investors getting in will just be harvested.
ELON Token Holdings Are Highly Concentrated: Over three-quarters of the supply are held in just 31 wallets. This extreme distribution of holdings raises concerns about market risk.
Project Overview:
- Token Name: Dogelon (ELON)
- Blockchain: Ethereum
- Key Data: 76% of liquidity concentrated in 31 addresses
Such token concentration typically indicates potential risks of market manipulation and price volatility. Monitoring changes in this type of holding distribution can help investors better understand the movements of large holders and market structure.