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Launch Day Wallets Balance Ratio

Overview

Launch Day Wallets Balance Ratio measures the percentage of a token's total supply currently held by addresses that first interacted with the token during its initial trading day. This metric provides insights into the behavior and influence of early adopters and day-one participants in the token ecosystem.

Definition

This indicator is calculated by:

  1. Identifying all wallet addresses that conducted their first token transaction on the token's first day of trading
  2. Calculating the current combined balance of these launch day wallets
  3. Dividing this sum by the token's total supply and expressing as a percentage

Significance

  • Early Adopter Retention: Reveals the continued presence and influence of day-one participants
  • Original Community Strength: Quantifies how much of the supply remains with the earliest token holders
  • Launch Distribution Impact: Provides context about the longevity of initial token distribution
  • Project Loyalty Indicator: Suggests the conviction level of those who joined at the very beginning

Interpretation

  • High Percentage: Indicates strong retention among early adopters and potentially less selling pressure
  • Low Percentage: Suggests significant distribution from original holders to newer market participants
  • Declining Trend: May signal early adopters gradually reducing their positions over time
  • Stable Percentage: Could indicate a committed early community with long-term conviction

Analysis Applications

  • Original Community Assessment: Gauge the continued presence of the earliest supporters
  • Token Distribution Evolution: Track how supply has migrated from launch day holders to newer participants
  • Early Holder Behavior Analysis: Understand the retention patterns of day-one market participants
  • Project Maturity Evaluation: Assess how the token ownership has evolved since its inception

Considerations

  • Some launch day wallets may belong to project team members, early investors, or liquidity providers
  • The first day of trading often experiences unusual volatility and may not represent normal market conditions
  • Smart contracts created on day one may be included in this metric
  • Token contract, Uniswap Liquidity pool not included

Parameters

This indicator uses the base parameters for time range and resolution settings.