🌄 READ CAREFULLY BEFORE TRADING IN SIREN TOKEN _ HOLDERS CONCENTRATION AND RISKS
SIREN TOKEN is a highly concentrated and heavily 🐋 Whales-dominated token with higher risks threats and manipulation. Top 10 SIREN Holders (BSC)
Serial Holdings % of Supply
1. 484.10M SIREN. - 66.42%
2. 71.84M SIREN. - 9.86%
3. 47.34M SIREN. - 6.50%
4. 37.59M SIREN. - 5.16%
5. 29.61M SIREN. - 4.06%
Total ~92%
WHAT DOES IT MEAN?
1. EXTREME CONCENTRATION
✅ Top 1 wallet alone = 66%+ of supply
✅ Top 5 wallets = ~92%+ combined
✅ Top 10 wallets = ~98% of supply
🎯 RISK INTERPRETATION
🔺 Retail holders own very little, therefore highly Volatile and heavily whale controlled token.
🔺 Price control in the hands of Whales. Even a SINGLE WHALE (Top 5) can crash or rocket the token.
🔺 Whales can coordinate pumps/dumps and manipulate heavily.
🔺 Top 1 holder has a massive concentration of around 66%.
🔺 Top 10 holders hold almost 98%
🔷 FINAL THOUGHT
SIREN is highly whale-dominated with higher risk and concentration. This aspect is crucial to be kept in mind while trading or investing in the token.
#Write2Earn
SIREN TOKEN is a highly concentrated and heavily 🐋 Whales-dominated token with higher risks threats and manipulation. Top 10 SIREN Holders (BSC)
Serial Holdings % of Supply
1. 484.10M SIREN. - 66.42%
2. 71.84M SIREN. - 9.86%
3. 47.34M SIREN. - 6.50%
4. 37.59M SIREN. - 5.16%
5. 29.61M SIREN. - 4.06%
Total ~92%
WHAT DOES IT MEAN?
1. EXTREME CONCENTRATION
✅ Top 1 wallet alone = 66%+ of supply
✅ Top 5 wallets = ~92%+ combined
✅ Top 10 wallets = ~98% of supply
🎯 RISK INTERPRETATION
🔺 Retail holders own very little, therefore highly Volatile and heavily whale controlled token.
🔺 Price control in the hands of Whales. Even a SINGLE WHALE (Top 5) can crash or rocket the token.
🔺 Whales can coordinate pumps/dumps and manipulate heavily.
🔺 Top 1 holder has a massive concentration of around 66%.
🔺 Top 10 holders hold almost 98%
🔷 FINAL THOUGHT
SIREN is highly whale-dominated with higher risk and concentration. This aspect is crucial to be kept in mind while trading or investing in the token.
#Write2Earn