Yescoin ($YES) Token distribution has attracted attention. According to on-chain data, 94% of the tokens are concentrated in just 28 wallet addresses. While such a highly centralized distribution pattern is not uncommon in the Ethereum ecosystem, it is indeed worth noting for investors. The project contract address is 0x70f3a26df06da6376f820c7ab2e5641b46c0d831. This kind of highly concentrated token holding may imply that early participants, team members, or large investors hold significant influence. In the event of large-scale sell-offs or governance changes, market volatility risks need to be closely monitored. Monitoring the activities of large on-chain holders has become a routine method for traders to assess project risks.
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Deconstructionist
· 8h ago
94% of the tokens are in 28 wallets? Isn't that Schrödinger's decentralization? That's hilarious.
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YieldFarmRefugee
· 16h ago
94% concentrated in 28 wallets? That's outrageous, a clear warning of a dump.
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MoonWaterDroplets
· 01-11 11:52
94% concentrated in 28 wallets? Isn't that a classic sign of a rug pull? I'm just going to pass.
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SmartContractDiver
· 01-11 11:52
94% concentrated in 28 wallets? That's a ticking time bomb. Early large investors selling off could cause a collapse at any moment.
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StableNomad
· 01-11 11:44
94% in 28 wallets? yeah statistically speaking that's a liquidation waiting to happen. reminds me of UST in may... actually nvm, not financial advice but smart money definitely isn't touching this one rn
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FromMinerToFarmer
· 01-11 11:40
94% concentrated in 28 wallets? That's a sign of a rug pull. Early participants take off, and others are doomed.
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SandwichDetector
· 01-11 11:32
94% concentrated in 28 wallets? This is a damn ticking time bomb, who dares to touch it?
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WhaleShadow
· 01-11 11:31
94% concentrated in 28 wallets, this is not diversification, this is outright whale manipulation.
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It's really the big players calling the shots, retail investors are just here to get slaughtered.
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Oh my God, this kind of concentration... wait for the dump.
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Another "early participant benefits" project, just hearing about it tells the story.
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Monitoring big wallets? I might as well give up and stop playing.
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94% locked in 28 wallets, can you believe that?
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Classic example, token distribution that looks like a textbook scam coin.
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I just want to ask, when did these 28 wallets start dumping?
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Early participants definitely have the say... what say do we have?
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That's why I only look at the project's holdings before deciding to enter.
Yescoin ($YES) Token distribution has attracted attention. According to on-chain data, 94% of the tokens are concentrated in just 28 wallet addresses. While such a highly centralized distribution pattern is not uncommon in the Ethereum ecosystem, it is indeed worth noting for investors. The project contract address is 0x70f3a26df06da6376f820c7ab2e5641b46c0d831. This kind of highly concentrated token holding may imply that early participants, team members, or large investors hold significant influence. In the event of large-scale sell-offs or governance changes, market volatility risks need to be closely monitored. Monitoring the activities of large on-chain holders has become a routine method for traders to assess project risks.