
cryptoguitar9999
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2022-03-06 21:45
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RE: Is it wise to invest and hold a crypto project where a whale holds 5% to 10% of the total supply?
It wouldn't really be in their interest to do a large dump because it would crash the price. If a whale was trying to maximize their own return they would sell in small increments to have minimal price
RE: Is it wise to invest and hold a crypto project where a whale holds 5% to 10% of the total supply?
Good post for considering what can happen but ultimately if the project is good it shouldn't matter if whales hold significant amounts of the token. How they were able to obtain a large stake is also