$VITE#MOODENGSOLDecentralization Analysis
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Today, the well-known big V @MustStopMurad analyzed the decentralization of MEMECOIN. Here are two key indicators:
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Median Holder Rank:
- MOODENGSOL's median holder ranking is 36, which shows that its holders are relatively concentrated and ranked lowest among the listed projects.
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Herfindahl-Hirschman Index (HHI):
- MOODENGSOL's HHI is 217, showing that its holders are highly concentrated and less decentralized.
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Trends reflected:
- Compared with other meme coins, MOODENGSOL is less decentralized. A high HHI value means that a small number of holders control most of the tokens, which will inevitably lead to increased market volatility and manipulation risks.
- The low median holder ranking suggests that the user base of the coin is not broad enough, which will inevitably affect its long-term market stability and attractiveness.
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Summary:
- MOODENGSOL's lack of decentralization will expose investors to higher risks and instability
- On the contrary, Ethereum MOODENGETH has its advantages (see the picture below or my pinned tweet):
1. True CTO
2. Community-driven
3. Charity landing
4. MEME is well made
5. More than 10,000 holders#PNUTgoes up#BTCbreaks new highs continuously, how many have you seen?#BTCbreaks through 90,000#MOODENG
