According to ChainCatcher, the on-chain analysis platform Santiment disclosed the total market value of tokens held by the top ten wallet addresses of altcoins.

Specific data:

  •  Polygon (MATIC): 69.4%

  •  Shiba Inu (SHIB): 61.2%

  •  Uniswap (UNI): 50.8%

  • Pepper (PEPPER): 46.1%

  •  Ethereum (ETH): 44.0%

  •  Tether (USDT): 33.1%

  •  Chainlink (LINK): 31.1%

  •  Toncoin (TON): 27.5%

  • Multi Collateral Dai (DAI): 24.5%

  •  USD Coin (USDC): 19.0%

High concentration may result from early adopters holding large amounts of tokens, or tokens that require large holdings for staking and governance. Tokens with a wide distribution (such as Arbitrum) may be more evenly distributed.

#MATIC #SHIB