2026-01-10 16:23:11

A project recently raised $13.5 million, which sounds like a lot, but a closer look at the data reveals some interesting points — a total supply of 1 billion tokens, with only 7.1% in circulation. The project team even tried to sell directly to retail investors at sky-high prices, but no one bought.

These types of tokens share a common characteristic: their valuation basis is floating. When the price is pushed up, the risk of a subsequent sell-off increases exponentially. Why? Because with such low circulating supply, once large holders decide to cash out, there aren't enough buyers to absorb the sell-off. A large number of tokens are also locked in the project team’s hands, which is like a sword hanging overhead — it looks quiet, but it could fall at any moment.

The divergence between fundraising valuation and secondary market valuation often signals risk. Projects with low circulation rates are easy to hype, but in the long run, this structure is destined to undergo adjustments.

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SignatureDenied

· 11h ago

Another classic "cutting leeks" dump, daring to raise 13.5 million with only 7.1% circulating supply, it cracks me up.

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hodl_therapist

· 15h ago

7.1% circulation... This is basically a ticking time bomb --- Same old tricks, hype up the valuation during fundraising, retail investors can't keep up at all --- I just want to know who would still buy into this kind of pump, how clear-headed do you have to be --- The project team can't even sell their own stuff, how can the secondary market save it --- Low circulation with high lock-up, I can see through this tactic with my eyes closed --- Out of 10 billion tokens, 92.9% are still held by whales. Isn't this just a modern version of Ponzi schemes? --- When big players dump, retail investors are just stepping stones, there's nothing more to say --- Really, I just skip over these fundraising news stories, they're so obvious --- Raising $13.5 million can't save this garbage valuation, what does that say? --- What are they still doing in the secondary market with lock-up? Purely cutting the leeks

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PanicSeller

· 15h ago

It's the same old trick, low circulation + high locking + sky-high financing, a classic pump-and-dump template. --- 92.9% of the coins are still sitting in the project team's treasury, isn't that a ticking time bomb? --- They dare to value the project at 13.5 million with just financing, wake up, the secondary market doesn't buy it at all. --- Projects that no one is willing to buy eventually end up like this, when the price crashes, retail investors are just stepping stones. --- Looking at this circulation ratio, I already know the ending—it's bound to be dumped sooner or later. --- I've seen too many coins like this, and in the end, they all become the liquidity machines for the whales. --- Basically, after the funding round is over, it's time to cut the leeks.

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ServantOfSatoshi

· 15h ago

It's the same old trick, inflating fundraising numbers to scare people, and the circulation volume is obviously unsustainable. --- 7.1% circulation? How aggressive is that? Retail investors just end up helping the big players. --- The project team can't even sell their own tokens, so why would they believe the secondary market will buy? --- I've seen too many of these; sooner or later, they'll dump the price. It's just a matter of time. --- Raising 13.5 million sounds impressive, but the structure is full of pitfalls. --- Sure enough, it's the same old story: a large lock-up volume just waiting for retail investors to take the fall. --- Low circulation rate = low-cost manipulation, high-risk harvesting. Who can't see through this logic? --- Are there still people willing to touch these kinds of coins? I'm truly amazed.

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ShitcoinConnoisseur

· 15h ago

Another "tens of millions in financing" scheme, wake up everyone, this is just a trap. --- 7.1% circulating supply? Laughable. The project team holds 92.9% of the chips and can smash it in your face at any time. --- If they can't sell at sky-high prices, they raise funds. The valuation during financing is worlds apart from the secondary market valuation, which already indicates a problem. --- Low circulation with high locking, this structure is designed for hype. Don't be fooled by the financing numbers. --- Wait, are they really planning to sell to retail investors at sky-high prices? Is their survival instinct that strong? Haha. --- Just by looking at these numbers, you know that early investors need later ones to take the loss. Without enough circulation, it’s simply unplayable. --- It feels like the project team treats retail investors as ATMs. They raise a billion, but retail investors only get a few coins. --- These "artificially inflated valuation" coins are all the same, and whoever ends up taking the last bid is the big loser. --- Only 7.1% of the total supply of 10 billion is released, which is just to create a sense of scarcity. The same old tricks.

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GateUser-9f682d4c

· 15h ago

Same old trick, the fundraising numbers look good, but once the circulation drops, the truth is exposed.

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OneBlockAtATime

· 15h ago

It's the same old trick, the financing valuation doesn't match the actual circulating supply. It's obvious that there are still many chips not released yet. --- 7.1% circulation haha, what price level do you have to hit to truly break even? --- Selling at sky-high prices but still daring to raise 13.5 million, what are these financing institutions looking at? --- Locked tokens are just a ticking time bomb, sooner or later they'll explode. --- Tokens with low circulation rates are just for easy manipulation, retail investors are the ones holding the bag. --- I can tell at a glance that this kind of project looks good in financing data, but once the circulation is pulled down, everything will be exposed. --- This project team’s move is really clever: first pour money into financing to pump the price, then directly dump, leaving the bagholders with huge losses.

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