The token distribution of GrokTown is worth paying attention to. According to the development team, the project does not have sniping mechanisms or insider trading issues, with the team holding 5% of the tokens locked for 40 days. Currently, Books and Beaver are the main holders.
From the bubble chart data, each cluster holds only 2.7% of the tokens. More notably, a major exchange's fund wallet accounts for as much as 51.1% within the CEX address cluster—this ratio reflects the concentration risk on the exchange side. Under this distribution pattern, token liquidity and price stability will face certain market challenges.
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DaoDeveloper
· 3h ago
ngl the 51.1% cex concentration is giving serious centralization red flags... that's not decentralized lmao
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Gm_Gn_Merchant
· 3h ago
51.1% concentrated in exchanges, isn't this a ticking time bomb?
Exchanges can dump at will, who can stop them?
Locking the team for 40 days sounds good, but these numbers still look a bit shaky.
Early investors are praying that exchanges don't have any malicious intentions.
The decentralization looks acceptable, but the fact that CEXs account for such a large proportion is really unsustainable.
It's the same old rhetoric; I just want to know what will happen after the unlock.
If this ratio were applied to other projects, they would have already run away. GrokTown is considered pretty good.
Such a high concentration means most buyers are gamblers; the chart is just a reference.
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NFTBlackHole
· 3h ago
51.1%?Oops, that's a ticking time bomb.
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Team 5% lock-up for 40 days, sounds good, but half of the chips on the exchange? Seems a bit risky.
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It's the old issue of exchange concentration again; we'll have to see how it unfolds later.
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Single holdings are only 2.7% and thus diversified, but I'm worried about that guy on the exchange making a move.
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It sounds nice saying there's no sniping or black box operations, but with the exchange holding over half? This data is a bit face-slapping.
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Liquidity risk is real; such a distribution makes it easy to be dumped.
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Who are Books and Beaver? Feels like I've never heard of them.
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NotGonnaMakeIt
· 3h ago
An exchange with a 51% share, how reckless is that? A single dump and it's game over.
The token distribution of GrokTown is worth paying attention to. According to the development team, the project does not have sniping mechanisms or insider trading issues, with the team holding 5% of the tokens locked for 40 days. Currently, Books and Beaver are the main holders.
From the bubble chart data, each cluster holds only 2.7% of the tokens. More notably, a major exchange's fund wallet accounts for as much as 51.1% within the CEX address cluster—this ratio reflects the concentration risk on the exchange side. Under this distribution pattern, token liquidity and price stability will face certain market challenges.