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LAUNCHCOIN Soars 9,336% in 12 Days Amid Supply Concerns
LAUNCHCOIN Soars 9,336% in 12 Days Amid Supply Concerns
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LAUNCHCOIN’s meteoric rise of 9,336% in just 12 days has drawn both excitement and skepticism. The token’s holder count exploded from 7,738 to 31,683 within 18 days, but recent data shows fewer than 600 new holders joined in the past week—a sharp slowdown that suggests waning momentum.
Supply concentration remains a critical issue. The disproportionate distribution of tokens raises red flags about market manipulation and sustainability. Investors are increasingly wary as the price surge appears detached from organic growth, signaling potential overbought conditions and an impending correction.
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