Bundles and snipers
Who already owns the supply before you arrive.
The first block. When a coin launches, bots can buy in the very first block, sometimes in the same transaction as the launch. Those are snipers.
Bundles. A bundle is a group of wallets, usually controlled by one person, that buy together at launch. It looks like many holders. It is one holder.
Why it matters. If 40% of supply sits in a bundle, that holder can sell into any pump. Your green candle is their exit.
Reading the holder list. Top 10 holders owning most of the supply, many wallets created at the same time, wallets funded from the same source. These need on-chain data; MemeSim shows them once that feed is on.
Rule of thumb. Prefer coins where the top 10 hold under 25% and no single wallet (other than the pool) holds over 5%.
Academy · Lesson 10
Bundles and snipers
The first block
When a coin launches, bots can buy in the very first block, sometimes in the same transaction as the launch. Those are snipers.