Markets· ★★· neutral·

TeleMoney (TM) Surges 4,896% as Top 10 Holders Control 24% of Supply

  • —TM trades at $0.02579, up 4,896.1% in 24 hours, market cap $24.79 million
  • —Trading volume hit $62.87 million; holders rose from 3,340 to 3,370
  • —Top 10 wallets control 24.21% of supply, top five hold 18.01%
  • —108 coins launched via the platform, generating 262.8 SOL in creator fees
Why it matters: Concentrated ownership and a two-day trading history raise the risk of a sharp reversal if large holders sell into thin liquidity.
#SOL
Source: The Crypto Times
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