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Content
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🌈 YON pfp
🌈 YON
@yonfrula
just one week later...there's 225,071 new $DEGEN holders. many people are taking advantage of these free prices.
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Onedayvk pfp
Onedayvk
@onedayvk.eth
Something doesn’t seem right? I’m curious to know how much they are holding…
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jon pfp
jon
@sweetleaf.eth
just made a query with some more detailed data, looks like the overwhelming majority of new holders have between 1-100 tokens https://dune.com/queries/3901892
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Onedayvk pfp
Onedayvk
@onedayvk.eth
So a give away of the sort? But from who
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jon pfp
jon
@sweetleaf.eth
not sure, my thoughts are: - direct distribution method from a Farcaster client - some client I'm not aware of that distributes small amounts of DEGEN - farming some app or query that looks for DEGEN holders interesting because it's so dramatic in the last week the more shallow rise in <100 holders is probably a normal distribution method, while the sharp jumps are likely single deliberate events
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