An analysis of $RICH token distribution reveals a significant concentration risk: approximately 94% of tokens are held across just 8 wallets on the Base blockchain. This extreme centralization raises questions about token holder diversity and potential price volatility. The contract address is 0x2c5cf95d268f5ffcf47f5af389c93421323b32cf. For investors tracking this holding pattern, real-time monitoring of these major wallet positions provides critical insights into potential sell pressure and market dynamics. Such high accumulation in few hands typically signals either early insider control or significant liquidity concentration that could impact price movements.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
5 Likes
Reward
5
4
Repost
Share
Comment
0/400
GasFeeCrying
· 4h ago
94% concentrated in 8 wallets? How desperate is that...
View OriginalReply0
MainnetDelayedAgain
· 4h ago
94% concentrated in 8 wallets, according to the database, this is just showing us the art of time.
---
Eight major holders take 94%, I’m just waiting for the show to unfold.
---
The "diversified holdings" pie chart painted by the project team, how long has it been fermenting, don’t you all know?
---
How many days have passed since the last mention of "distribution optimization," maybe it should be entered into the Guinness World Records.
---
The selling pressure will eventually be realized... just not sure if it will be this year or next year.
---
Eight wallets holding 94% of the chips, this is what so-called decentralization looks like, learned something.
View OriginalReply0
ZenChainWalker
· 4h ago
94% concentrated in 8 wallets? How intense is that? A single dump could wipe it out completely...
View OriginalReply0
MetaverseHermit
· 4h ago
94% concentrated in 8 wallets, how impressive is that...
An analysis of $RICH token distribution reveals a significant concentration risk: approximately 94% of tokens are held across just 8 wallets on the Base blockchain. This extreme centralization raises questions about token holder diversity and potential price volatility. The contract address is 0x2c5cf95d268f5ffcf47f5af389c93421323b32cf. For investors tracking this holding pattern, real-time monitoring of these major wallet positions provides critical insights into potential sell pressure and market dynamics. Such high accumulation in few hands typically signals either early insider control or significant liquidity concentration that could impact price movements.