A newly launched Base chain project has a noteworthy token distribution: insiders have already acquired 45% of the tokens, spread across 26 different wallet addresses. This level of concentration in distribution warrants scrutiny regarding the project's long-term sustainability. Interested investors can track the activity of these addresses through on-chain data to assess whether the project can break through initial growth bottlenecks.
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SudoRm-RfWallet/
· 5h ago
45% internal holdings distributed across 26 wallets? This is obviously a prelude to splitting.
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Deconstructionist
· 5h ago
45% was taken by insiders, and it's split into 26 wallets? I know this trick too well; it's just a matter of time before they run away.
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LoneValidator
· 5h ago
45% insider? You need to be very careful... 26 wallets can't hide the concentration issue either.
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ForumLurker
· 5h ago
45% insiders? Just 26 wallets trying to deceive us into dispersing? Wake up, buddy.
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GasFeeVictim
· 5h ago
45% to insiders? Even 26 wallets can't do it, sooner or later they'll coordinate to dump the market.
A newly launched Base chain project has a noteworthy token distribution: insiders have already acquired 45% of the tokens, spread across 26 different wallet addresses. This level of concentration in distribution warrants scrutiny regarding the project's long-term sustainability. Interested investors can track the activity of these addresses through on-chain data to assess whether the project can break through initial growth bottlenecks.