As a DEX trader, when scanning a token, the following information is very important:
π΄ First 20 wallets holding a higher percentage β Red flag
π’ First 20 wallets holding a small percentage β Bullish
π΄ Dev holding a large percentage β Red flag
π’ Dev holding a small percentage β Bullish
π΄ Fresh wallets holding a large percentage β Red flag
π’ Fresh wallets holding a small or no percentage β Bullish
π’ Whales holding a large percentage β Bullish
π΄ Large percentage bundled β Red flag
π’ Small or no percentage bundled β Very good
π΄ Clusters holding a large percentage β Red flag
π’ Clusters holding a small or no percentage β Very good
These are some of the key things I look at when evaluating a token before entering a trade.
Always DYOR and manage your risk. Not financial advice.
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