⚠️ Hamster Kombat (HMSTR): Dangerous Token Concentration in the Hands of Big Players ⚠️
It turns out that 93.95% of Hamster Kombat tokens are controlled by just five wallets, a red flag for small investors. This concentration raises serious concerns about possible manipulation and sharp price drops due to selling by these key holders.
Particularly concerning is the fact that one wallet controls 61% of the supply, gaining enormous power over price movement. The presence of Binance with 14% of the tokens raises questions about the transparency of the token distribution at launch.
A sharp 42% price drop in just three days after launch only adds to these concerns. Small investors who were expecting profits are now facing losses, highlighting the risks of token centralization.
Those holding HMSTR should closely monitor the actions of large wallets and make informed decisions given the high volatility of the project.
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