#Binance Alpha空投活动 Seeing the TGE mechanism of Meteora, I can't help but think of the pitfalls I've encountered before. The project party always finds ways to attract retail investors to get on board, but in the end, it's often the early capital that makes money. This time, the liquidity distribution seems fair, but in reality, there are still tricks involved. 10% of the tokens are distributed through the liquidity allocator, which sounds good, but let's not forget that 38% is still in the hands of the project party.



Initially, there is only a liquidity pool for MET Token, which means early buyers have to provide USDC for the sellers' redemption. Isn't this just a roundabout way of making retail investors support the big players? Only when the market value reaches 1.127 billion USD will 4.5% of MET be extracted from the fund pool, by that time early retail investors will probably have been cut down quite a lot.

I advise everyone to stay vigilant and not be fooled by so-called "one-stop portals" and "first come, first served". Remember, there is no free lunch in the crypto market. Instead of risking participation in such complex mechanisms, it is better to patiently wait and observe the actual development of the project and market response. After all, truly valuable projects do not require so many flashy marketing tactics.
MET-0,59%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)