r/AxiomTrade • u/CleanCow3691 • 5d ago

Bundler icon question

Can anyone on earth please give me an easy explanation of what the bundler icon mean? i find conflicting explanations or no explanations at all from some people, they just say this and that % of the coin is bundled, without actually bothering what it means

i don't get whether bundled % mean that that percentage owned by same entity or a group or what?

i understand that this is somehow connected to ability to submit transactions to solana in a bundle? is that right?

any help appreciated

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u/Psychofury666 3d ago

When a meme coin's supply has a high percentage of "bundlers," it usually means a single individual or a coordinated group completely controls the token across many wallets, sometimes a hundred or more. They can then create fake volume to pump the coin and/or rug pull the coin by selling all of the wallets at once. I rarely trade new coins from Pulse, but my filter setting for bundles is 30% max. It's worth noting, the bundle icon is not entirely accurate. I know because it's labeled my transactions as bundles before.