Bundled launches, and how to spot one.
A bundle is a group of wallets that got a coin before anyone else could buy it, usually run by one person. What matters is how much they took, and how much they still hold.
What counts as bundled.
For a coin we followed from its launch (coins launched since 14 Oct), we read every transfer from its launch block. A wallet is in its bundle when it:
- Got it at launch
- received more than dust of the supply in the launch transaction itself
- Bought in a cluster
- was one of three or more wallets whose first buy landed in the same block, soon after launch
- Was handed it early
- for a coin with no launchpad: received more than dust before trading opened
- Got it from the bundle
- received coins by transfer from a bundled wallet: it joins the bundle
The creator is counted on their own, never as part of the bundle. Pools, curves and burn addresses are never wallets in it.
The two numbers.
- Bought
- the most the bundle’s wallets held together while the launch was under way, as a share of the supply
- Hold now
- what those same wallets hold today
“10 wallets bought 51.5% · hold 0%” is a bundle that took half the supply and has sold all of it. A bundle that still holds a big share can still sell it. The coin page and the token checker show both numbers; a big bundle stays flagged after it has sold, so the record doesn’t vanish with the coins.
Hide them in Explore.
Explore’s Launch bundles filter is on by default: it hides a coin a launch bundle still holds 10% or more of. “Hide any bundled launch” also hides coins bundled big at launch that have since sold.
Common questions.
Is every bundled coin a scam?
Why does a coin say its launch wasn’t counted?
Can bundled wallets hide?
Next: token snipers.