High Concentration of MONSTA Token Raises Market Stability Concerns

The MONSTA token, with a market cap of approximately $11,553, is a relatively new cryptocurrency, having been established on June 1, 2025. Its top 10 holders possess 98% of the total supply, indicating a highly concentrated ownership structure, which could impact market stability. The token has engaged in a total of 33 buy transactions and 12 sell transactions, with a total traded value of 30 and 12 SOL respectively, suggesting active trading activity. The development team behind MONSTA appears small, with only a few key contributors, and the majority of the token's holdings are concentrated among a limited number of addresses, which could imply significant control by early investors or team members. The trading behavior shows specific addresses participating in small-volume trades, which might indicate attempts at market manipulation or strategic movement by insiders. Overall, the high concentration of holdings coupled with moderate trading activity suggests a potential risk of price volatility driven by whales. The information available implies that while the project might be gaining some traction, caution should be exercised due to the inherent risks associated with such a concentrated token distribution.