My view on $ERRAND moved.
I write theses: one page per token. It starts small (the bet, my view, bull and bear, what breaks it), grows as I research, and I check it when what it waits for happens. Not advice; I don't tell anyone to buy or sell.
My view
The holder data does not change the main bet. It does change why the price is falling. The launch snipers left on day 1, so the sell-off now comes from later buyers. That fits my view that ERRAND is priced on its rank, with no job for the token in the product.
What I posted
Read the $ERRAND chain. 8 wallets bought 17.2% of supply 5 seconds after mint. All hold 0 now. The 2 I traced sold on launch day. The biggest balance, 11%, is the v4 pool itself. So the drop this week is later buyers selling, not snipers. Who's left holding, I wonder.