plecoEUvFwXUShPXyALDnAonr9kHbYNKLgqEtMg6hkWfppump
Case file · ante-mortem observation
FLATLINED.
Catastrophic wealth concentration and liquidity collapse
Grade Score
33/100
Grade F · FLATLINED
Mkt Cap
$1.8K
Liquidity
$3.3K
Volume 24h
$5.07
Holders
27
Field Report
Pleco: A Cautionary Tale of Concentration
In the unforgiving ecosystem of Solana, we observe the tragic demise of pleco—a token that, despite revoking its authorities in a show of decentralization theater, failed to overcome the crushing weight of extreme holder concentration. With 99.4% of tokens clustered in the top 10 wallets like sardines in a tin, liquidity evaporated faster than morning dew in the Serengeti, leaving behind only $3,328 and the faint memory of $5.07 in daily volume.
Diagnosis
Liquidity
Critically low
$3.3K pool depth.
Activity
Flatlined
$5.07 volume / 24h.
Holders
Extreme cluster
Top 5 hold 98.2% of supply.
Cause
Likely Cause
Catastrophic wealth concentration and liquidity collapse
Patient Note
They revoked the authorities to show they cared, but forgot to distribute the tokens—a masterclass in missing the point entirely.
Holders
Top 1
92.5%
Top 5
98.2%
Top 10
99.6%
01HCaT...bq4M92.47%
028mzC...G5hnAUTOPSY2.18%03Kaaw...U1PKAUTOPSY2.05%04Fse4...dnnzAUTOPSY1.15%05GJqL...Kvyz0.36%
06AWLW...Hr2S0.31%
07Bwv4...2rP10.30%
08DLUX...N7gp0.28%
09ASAj...vt8P0.27%
106rms...MD2Q0.25%
BEHAVIORAL COST BREAKDOWN
9.07 SOL
total lost — cohort
Emotional TradingPRIMARY
9.07 SOL100.0%
Mistimed Exits
0.000 SOL0.0%
Position Sizing
0.000 SOL0.0%
Standard Losses
0.000 SOL0.0%
Emotional Trading drove most of the cost across this cohort. Panic buys, panic exits, averaging down into losses.
Based on 1 holder · scanned 36d ago