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Luna's even worse: https://coinmarketcap.com/currencies/terra-luna/holders/

It claims the top 10 holders hold 95.89%.

Is this data correct? If so it barely seems like these are real projects, just made up things by a handful of people moving fake money around to create big numbers.



The definition of Web 3. Wash trading is the backbone of this entire thing.


It's not correct, it's only the data on the Ethereum blockchain (Terra is on its own blockchain).




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