Nostr

⚡️ Top 10 coins by % of supply allocated to insiders (team and investors) ⤵︎

Bitcoin: 0%

Ethereum: 9.9%

Ripple: 97.8%

Binance Coin: 50%

Solana: 62%

Cardano: 16.7%

Dogecoin: 0%

Tron: 60%

Pi: 20%

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🤢

XRP: 100%

Where do these numbers come from? XRP is absurd

Literal token printer

The top ten portfolios control around 40% of the total supply in circulation, the top twenty hold 51%, the top fifty 64% and the top hundred 72%.

How does that equate to 97.8%?

It's an exaggeration to show that XRP is indeed crap.

You should be careful about that as a news account

I saved this because on X I’m constantly seeing Ripple people trying to diss Bitcoin.

just saying but... Cardano and Dogecoin are pretty low. :bitcoin:

I thought ETH had a 70% pre mine

ETH had a 100% premine back in the day. Nowadays it’s less than 60%