MooKing Risk Magnifier｜On-chain data tells you: Why is the bubble chart of $YZY so dangerous?

Recently in the Binance community, the hottest discussion is: Which coins are real opportunities and which are just harvesting traps? Bubblemaps provides an answer.

Imagine walking into a party and finding that 90% of the people are relatives from the same family; would the event still be fair? This is the risk of Unequal Token Distribution.

Bubblemaps features a visual way to display 'Wallet Clustering' and 'Hidden Connections'. If #YZY shows that most tokens are held by a few related wallets, it’s a warning: the control traces are obvious. That’s why I voted with $BMT at the Intel Desk to include YZY in the survey list.

As for myself, MooKing, in such a situation, I would choose to wait and not enter directly, because the on-chain image is already telling me: the risk is off the charts.

What about you? Would you choose to follow the trend for quick money, or rely on data to filter out traps?

@Bubblemaps.io | #Bubblemaps | $BMT

See you next time in the small classroom #MooKing !