@Route2FI SPX6900 💹🧲
Will run to hundreds of billions, and that will merely be the first pump.
Flip the Stock Market - most epic and emotionally resonating mission of any crypto since 2009.
The Herfindahl-Hirschman Index (HHI) is a simple but powerful metric used to measure how concentrated the ownership of a meme coin’s supply is.
It is calculated by squaring the percentage ownership of each wallet and summing all those values, producing a score that ranges from near 0 (perfectly distributed across thousands of holders) to 10,000 (one wallet owns everything).
Lower score implies fewer whales and less whale capitulation risk.
Higher score implies more whales or team and higher whale capitulation risk.
In an ideal world, you want an HHI of ~0 because this means there are many holders but none of them are whales.
A low HHI is very difficult to achieve because it means whales have to sell and be replaced by tons of small fish, which is difficult and unlikely.
However, if a low HHI is achieved, a coin becomes bullet proof, as there aren’t individuals that can crash the price.
In crypto, a coin with momentum typically goes up forever, until the whales begin to take profit.
It is why some coins like $punch go to $100 m+, while some coins like $unc only go to $20 m.
It has nothing to do with the “narrative”, it only has to do with when the whales decide it’s time to sell.
Sometimes whales are aligned, like $GIGA in 2024. Sometimes they are not, like 99.99% of new pairs.
Crypto Twitter always talks about “good” or “bad” whales…
Sure, you can sell “respectfully” or “full stack hitler”
But one thing is for certain, whales will always sell.
In the case of low HHI, there are no whales deciding when it’s time to sell.
If whales never slow momentum, a coin never slows.
That is why distribution is likely the single most important factor in crypto.
However, distribution is the single most difficult thing to achieve, as it requires a ton of whale sell pressure + a long time for thousands of people to slowly buy it up, with no new whales forming.
$GIGA currently has the lowest HHI at 18. It is why it is able to maintain a relatively high market cap, despite 0 volume and being faded by the majority of CT.
Don’t be fooled though, just because a coin is down and holding a relatively high market cap, does not mean it became distributed.
$MOODENG for example is down a lot and is holding a high market cap, but has an HHI of 458.
It should also be noted that none of this matters until the bull market though because no coin will catch momentum until then.
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Kindly Repost 🙏🏽
$GIGA is built off of
1. #1 most relevant and recognizable meme
2. getting normies in early instead of CT rotatorrs
3. #1 community
4. #1 diamond hand %
5. #1 HHI
6. #1 Average Days held
7. #1 Volume Turnover
8. First C2C company
9. 21% of the supply held by retail via coinbase
$GIGA has followed one of the most predictable patterns of all time.
Chart went up only for 13 straight months, the first asset to do this in history.
This resulted in a lot of whales because it was easy to hold when things were up only. Just 0.1% of $GIGA was worth $1m.
A lot of kids got very lucky.
Predictably, when the bear market came, those kids sold and they sold hard.
Now, $GIGA is the most evenly distributed coin in history, with the fewest whale risk.
Now, Crypto Twitter has reduced $GIGA to it’s chart, instead of acknowledging any of the points above.
$GIGA is the best positioned coin of all time.
However, because the holders are primarily retail normies, we won’t see the benefit until the bull market.
and last bull market, $GIGA became the #1 asset in history.
Distribution is one of the biggest elephants in the room.
Everybody on Crypto Twitter understands that whales are dangerous.
That’s why they complain about bundles, splitting wallets, supply control etc.
They also understand that when there are 0 whales, momentum can’t be slowed.
However, nobody wants to acknowledge this because distribution is extremely dangerous.
The only way to achieve it, is whales selling and small buyers replacing them.
99.99% of the time this is what kills a coin, as small buyers give up far before whales finish selling.
However, if a coin can achieve distribution, it goes nuclear.
One of the main reasons $DOGE became $DOGE, was that it spent 4 years becoming evenly distributed.
$GIGA is now the #1 most distributed coin.
When the bull market returns and liquidity pumps all our coinw, $GIGA will be a coin where momentum never slows because there is nobody to slow it.
It’s fascinating to me that SPX6900 is stabilizing and flattening at the same market cap that DOGE and PEPE have stabilized before they proceeded to go to $87 Billion and $12 Billion respectively. Not a coincidence. Except this time SPX6900 will go much, much higher.
Depends on how low solana goes
Everything before the bull market begins is a gift
We wont send until bull market returns, so it doesnt really matter if giga is at $50m or $10m rn
only thing that matters is that we prep for bull market
$GIGA is literally the only coin preparing for bull market, it’s actually insane lol