What role does the distribution of small versus large holders play in a project's stability?

  • A balanced distribution between small and large holders can contribute to a project's stability. It ensures that no single group has disproportionate influence over token price or governance decisions.
  • A healthy distribution also reflects a project's appeal to both retail and institutional participants, indicating a wider acceptance and stability against market fluctuations driven by individual groups.

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What insights can I gain from analyzing 'Holders Analytics' of a project's token?
What should I consider when looking at the concentration of top token holders?