I’m still holding $mask
The lore around the virus is interesting.
Also, I spotted a supply squeeze pattern based on Nansen data.
How does it work and why am I paying attention to it?
On the picture (1) you can see the change in supply on Exchange (liquidity pool) and in the top 100 holders (Nansen shows the top 100 supply together with the Exchange).
You can see that the exchange supply dropped from 185M to 89M, which indicates accumulation – supply is moving from the liquidity pool into holders hands.
Now look at the top 100 holders supply on the same picture (1)
You can see that they hold 660M tokens, including the exchange pool.
The total supply is 1B tokens. Where are the remaining 340M?
In the hands of holders from rank 101 and below (there are about ~1,100 of them in total)
This shows that there are real holders, even though the token was only 7 hours old at the time of my analysis.
The best scenario here is when the yellow bar in the "top 100 holders" tab goes down – this means holders ranked 101 and below are accumulating and the holder base is rapidly increasing.
Right now that bar is slightly rising, but it’s still a okey signal.
The community is also growing and holders are actively posting memes.
My on‑chain score: 8/10
My community score: 8/10
If you have questions about on‑chain analysis, feel free to ask
Called $mask in my TG (link in bio)
NFA, DYOR
