#MOODENGSOL Decentralization Analysis
🚀
Today, the well-known big V @MustStopMurad analyzed the decentralization of MEMECOIN. He broke the news twice that SOL Hippo chips are unhealthy, as shown in the figure.
Here are two key indicators:
1️⃣
Median Holder Rank:
- MOODENGSOL's median holder ranking is 36, which shows that its holders are relatively concentrated and ranked lowest among the listed projects.
2️⃣
Herfindahl-Hirschman Index (HHI):
- MOODENGSOL's HHI is 217, showing that its holders are highly concentrated and less decentralized.
📈
Trends reflected:
- Compared with other meme coins, MOODENGSOL is less decentralized. A high HHI value means that a small number of holders control most of the tokens, which will inevitably lead to increased market volatility and manipulation risks.
- The low median holder ranking suggests that the user base of the coin is not broad enough, which will inevitably affect its long-term market stability and attractiveness.
🔍
Summary:
- MOODENGSOL's lack of decentralization will expose investors to higher risks and instability
- On the contrary, Ethereum MOODENGETH has its advantages (see the picture below or my pinned tweet):
1. True CTO
2. Community-driven
3. Charity landing
4. MEME is well-made
5. More than 10,000 holders
