Lobstar (LOBSTAR)

[Update] $Lobstar 249K
AVF9F4C4j8b1Kh4BmNHqybDaHgnZpJ7W7yLvL7hUpump

I really liked this token at one point. Just stumbled on the chart and didn't expect things to be so bad

Most likely this is my last post about this token

NFA

Its always been difficult to read the holders tab on a chart🧐. Its no garuantee on how well a project will do or how risky it truely is but its a decent indicator.

Over the years devs/teams have been getting better at hiding how much supply they actually hold. We are at the stage where almost everything can be spoofed to look organic so it takes a keen eye to spot the truth.

@GeckoTerminal does a great job to quickly give you a glimpse on what is going on distributionwise. Give me a good glimpse on how much supply the top 10-20 hold and how the total holders numbers have been growing. If i see a 30-50% concentration of unlocked supply at the top i see that was a red flag, but if its more evenly distributed im more willing to gamble on it.

Remember in the longterm even a little DD will pay out. It has saved me countless times over the years, so i swear by it.

Read the full guide by them here👇!

Like the current entry here

Will try to work it

$Lobstar 2.71M
AVF9F4C4j8b1Kh4BmNHqybDaHgnZpJ7W7yLvL7hUpump

I find the token idea quite interesting

Like how the chart looks right now for my strategy

> My Meteora farm setup
Will try to enter from these levels

Print is clearly low

Bid ask + spot in one position

Other ideas are on the profile 🥩

NFA