Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Recently, another meme coin has been listed on a major exchange. Looking at the token distribution, the founder holds 39.2% of the tokens, which is indeed a bit alarming. Honestly, this highly concentrated ownership structure is like a Damocles sword hanging over retail investors.
What’s even more heartbreaking is that this coin still retains four zeros. Many projects go from listing to ending with just one zero, with prices plummeting. The high token concentration combined with such an initial price almost openly tells you where the risk lies—once the big players decide to sell off, the consequences are obvious.
Therefore, before participating in such projects, you must carefully scrutinize the token distribution. Don’t be blinded by the hype.