Less Than 1% of EOS Addresses Hold 86% of the Tokens

in cryptocurrency •  7 years ago  (edited)

The year-long EOS initial coin offering (ICO) wrapped up last week, and after raising approximately $4 billion Block.one fulfilled its promise to release EOSIO 1.0, the first (and Block.one’s only) version of the EOS mainnet software.
Since Block.one will not be participating in the mainnet launch, a variety of other launch groups have taken blockchain snapshots in preparation for distributing EOS tokens purchased during the crowdsale phase to their owners in the network’s Genesis block.

Full article: https://www.ccn.com/less-than-1-of-eos-addresses-hold-86-of-the-tokens/

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So this is good news, yes? What is going to happen any prediction of the price ... should HODL or should Sail?

my strategy is long term hold

Good to know that, I dont have the stamina to hold. I am working on this part.

Once again jealous EOS haters spreading FUD.
Most of the top addresses belong to exchanges who hold tokens for users.