Seeing someone officially launch a new token, and the top holder by position is actually the issuer themselves, holding 80% of the chips. Such a chip structure is a clear red flag warning.

I was a bit tempted at first, but upon closer inspection of this configuration, I really can't touch it. Tokens with highly concentrated large holders significantly increase the risk factor, and retail investors are basically there to take the bag.

This also makes me think that recently there are indeed few trading opportunities in the market. When choosing tokens, you must clearly understand the chip distribution. Good token projects should have relatively dispersed holdings, rather than being controlled by one person or one address. This is an important reference for judging the quality of a project.