Recent data from PancakeSwap and DexScreener indicates a sharp and dangerous decline in the price of LIGHT currency, with the price dropping from around $5 to less than $1 in a very short period of time, as shown in the attached chart. This rapid collapse poses a significant risk to investors, especially in low-liquidity currencies.
The most dangerous issue appears in the distribution of holdings among portfolios:
The largest single wallet holds 82.88% of the total supply, meaning a few "whales" almost completely control the price of the currency.
The remaining wallets are distributed small, with the second wallet holding only 3.88% and the third 3.46%, and the rest less than 2% each.
This combination makes the currency highly susceptible to price manipulation or sudden collapse due to any sales from these whales.
What does this mean for the average investor?
Severe risk to capital: any large sale from the first wallet could lead to the currency's price collapsing again.
Severe volatility: the price can change sharply in just minutes, making trading risky.
Avoid random investment: any new investor should reassess their position before buying LIGHT, especially without analyzing the distribution of holdings and liquidity.
Urgent recommendation
Do not buy the currency unless you are prepared to bear potentially large losses.
Continuously monitor trading volume and the behavior of major wallets.
Use blockchain tracking platforms like DexScreener or Etherscan to understand the distribution of holdings before making any decision.
