Something quick to look for before you invest in ANY coin

Here's a little crypto hack I learned and I use when I want to invest in a new crypto:

1) You're gonna go on CoinMarketCap.com & select the coin you wish to invest in, for our example, I randomly chose ATOM, the coin of the Cosmos ecosystem

2) Click on the coin you found & scroll down to look for the link to the associated crypto wallet contract

https://preview.redd.it/c8nbb6sc2lsb1.png?width=449&format=png&auto=webp&s=a6ef1f85a764f18f2aa0d9a6163964b40aa36789

3) Copy the contract link and then open a new website called Bubble Maps - https://app.bubblemaps.io/eth/

https://preview.redd.it/qjbqc23o2lsb1.png?width=1207&format=png&auto=webp&s=d4046caf57129df93b3cbd7806ff5c32fed734e2

4) Once you open it - paste the contract address into the search bar

5) Once found, open up the corresponding bubble map. The bubble maps will display the TOP 150 wallet holders & also highlight if any of the top 150 wallets are connected to one another, through transactions.

https://preview.redd.it/q0fo1sb53lsb1.png?width=1913&format=png&auto=webp&s=f04644f31c7d9efed2dc14acc56896a3d80b40a8

This little life hack in crypto might save you a ton of money & headaches to eventual rugpulls & schemes. You can never be too sure of something before you put your hard earned money in it.

Did you know about this little trick? What do you think about it? I know tokenomics play maybe the biggest role in a coin's long term perspective, but this isn't something to just let go. Looking forward for your opinions.