2026-01-18 08:33:15

The $RNGR AI token distribution on Base chain raises some eyebrows - 99% of the supply ended up concentrated in just 2 wallets controlled by insiders. That's pretty extreme for any project launch. The massive concentration means early holders have a ton of leverage over the token's price movement. You can dig into the exact wallet percentages and holdings using chain analysis tools to see how this plays out. This kind of distribution pattern is something worth keeping an eye on when evaluating any new token project.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
4
Repost
Share

Comment

0/400

DataOnlooker

· 5h ago

99% concentrated in two wallets? That's a huge trap; early investors will suffer heavy losses.

View OriginalReply0

WalletDetective

· 5h ago

99% concentrated in two wallets? If that's not a red flag, then what is? Passing on it directly.

View OriginalReply0

AirdropHunter

· 5h ago

99% concentrated in two wallets? Isn't this just a blatant rug preheating? --- It's the same old trick, insiders controlling the market to harvest retail investors. --- I think it must take a lot of confidence to allocate like this, hilarious. --- Oh my God, does anyone dare to touch this kind of market? --- All the on-chain data is laid out here, it's just missing a direct "I'm running away" message. --- Honestly, just by looking at the distribution, you can tell the ending—99%...ridiculous. --- I've seen many projects like this; the next step is false advertising and then running away. --- Early holders are all whales, retail investors are just there to give money away. --- Who would still dare to take this on? Purely asking for death.

View OriginalReply0

HallucinationGrower

· 5h ago

99% concentrated in two wallets? Isn't that just a blatant rug flag? Early participants really have admirable courage...

View OriginalReply0