Post
Topic
Board Altcoin Discussion
Re: top holders
by
Kena Banned
on 06/09/2021, 21:36:19 UTC
When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

be careful with new coins at this time because there are so many new coins that are not able to develop properly so they die by themselves. moreover the top holder has more than 50%, then in my opinion it is a shitcoin that we don't need to buy because it can make us lose. so my advice please look at the better altcoins and the top holders only have 10% - 20%.

For reminding that if top holder has more than 50% probably its a locked liquidity or any exchange wallet, so check it more detailed to have some conclusion of it.
But if its a whales or team funding which not locked for periodic time, it could be a problem soon.