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Crypto Token Analysis  Unlocking Distribution Insights using EtherScan

Crypto Token Analysis Unlocking Distribution Insights using EtherScan

So what you can do is see the circulating supply the amount of folders again but what's important if you come over to the holders tab inside etherscan now we can see the distribution percentage of the circulating supply for this token and we can actually see the wallets that are holding the specificPercentage of the circulating Supply so the biggest holder that's holding 5.9 percent is indeed someone called pleb CeX now I would Hazard guess that this custom.if domain is the founder of the project and here they could be holding the tokens to either distribute rewards right a burning wallet a staking walletIf you look at the tokenomics on the on the actual tokens website you can often figure out why are they holding 5.9 in a custom dot if domain that is essentially the owner of the project guy

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Token Fundamentals   Understanding Key Metrics for Successful Investments

Token Fundamentals Understanding Key Metrics for Successful Investments

However the more the holders the higher likelihood that it's not a scam and of course the higher the liquidity the more likelihood that you'll be able to actually buy and sell and be able to actually cash out in the future as well you also have to understand guys that ifYou're looking to invest into a coin a 500K market cap ideally you're not going to be looking to sell until it's at maybe a 5 million market cap in which case it's going to have a lot more liquidity which of course means that you can actually buy and sell the coin moreEasily as the market cap grows so does the total liquidity guys so once you've had a look at these token metrics what you want to do on Deck stores you can also see the website the telegram and the Twitter that is linked to this token I highly highly recommend that you doCheck out their website simply to make sure they have a functioning website that loads quickly is optimized and actually has some good artwork pertaining to whatever meme token or share coin so you're looking to invest into once you've ticked off the website box

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Analyzing Token Fundamentals for Meme Coins

Analyzing Token Fundamentals for Meme Coins

On the left hand side where it says pull information for the coin you can actually see the total liquidity which is 3.18 million the 24 hour volume which is 18 million for Pepe you can also see the market cap which is currently 116 million for Pepe alongside theCirculating Supply and also the amount of people holding the coin which is a very important metric you always want to be checking these metrics for any coins that you are holding guys now if you're looking for coins under a 1 million market cap which is I do recommend ifYou're looking to get into projects early you really want to pay attention to the holders okay so often times coins under or 1 million market cap will have less than 500 holders so this means there is a substantial increase in probability that you are going to be scammed or potentially rug pulled butUnfortunately that's the nature of the beast when dealing with such low market cap coins like this oftentimes they can be scams

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