Twitter MEME King blogger Murad today revealed an astonishing piece of news, comparing the projects with the highest concentration of wash trading in the market, where SOL Hippo has the highest concentration of wash trading, coming in last place, as shown in the picture;

The original post couldn't be published due to platform reasons, interested friends can go to Murad's tweet themselves, his Twitter handle is: @Muststopmurad

Since the first day of launch, SOL Hippo has been controlled by a conspiracy group with 89% of wash trading, which has already been uncovered by members of the English-speaking community on-chain. The reason why Binance contracts are involved is simply because they want to harvest retail investors in both directions. If you are still obsessed and unaware, then no one can save you.

Let me explain two indicators mentioned in Murad's tweet;

1. Median Holder Rank:

- The median holder rank of MOODENGSOL is 36, indicating that its holders are relatively concentrated and ranks the lowest among the listed projects.

2. Herfindahl-Hirschman Index (HHI):

- The HHI of MOODENGSOL is 217, showing a high concentration of its holders and a low degree of decentralization.

3. Reflected Trend:

- Compared to other meme coins, MOODENGSOL has a poorer degree of decentralization. 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.

- A low median holder rank suggests that the user base of this coin is not wide enough, which will inevitably affect its long-term market stability and attractiveness.

Summary:

- The shortcomings of MOODENGSOL in terms of decentralization will expose investors to higher risks and instability.

- In contrast, Ethereum #MOODENGETH shows its advantages.

1. True CTO

2. Community-driven

3. Charitable implementation

4. Well-made MEME

5. Over 10,000 holders

#Will it rise or fall after the US elections? #BTC #MOONDENG #MOONDENGETH #SOL #NEIRO