Yescoin ($YES) token distribution raises concerns about market concentration. Data shows 94% of tokens are held across just 28 wallets on Ethereum, indicating significant whale dominance. This extreme concentration pattern typically signals potential liquidity risks and could limit organic price discovery. When such a large portion of supply is controlled by a handful of addresses, it often creates challenges for retail participants seeking to exit positions or accumulate tokens. The centralized holding structure is worth monitoring, as it may impact the project's ability to achieve sustainable market depth and long-term price stability. Investors should assess tokenomics carefully before participation.
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SchrodingerGas
· 10h ago
94% concentrated in 28 wallets, this is outrageous. It's a typical market maker chip accumulation pattern. Retail investors entering are just falling into arbitrage traps.
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LootboxPhobia
· 10h ago
94% is held in 28 wallets. Isn't this just a blatant setup to harvest profits?
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WenMoon
· 10h ago
94% in 28 wallets? This is a big whale playground. Retail investors should just stop playing.
Yescoin ($YES) token distribution raises concerns about market concentration. Data shows 94% of tokens are held across just 28 wallets on Ethereum, indicating significant whale dominance. This extreme concentration pattern typically signals potential liquidity risks and could limit organic price discovery. When such a large portion of supply is controlled by a handful of addresses, it often creates challenges for retail participants seeking to exit positions or accumulate tokens. The centralized holding structure is worth monitoring, as it may impact the project's ability to achieve sustainable market depth and long-term price stability. Investors should assess tokenomics carefully before participation.