$BARD I was reviewing the token contract and found something that left me with a tight stomach.
The contract HAS a minting function… that is, they can print more tokens whenever they want, literally from nothing. There is no hard lock in the smart contract to prevent it.
And here comes the worst part:
Currently, only about a quarter of the total is in circulation. That means that 75% of the supply is still not on the market.
With that level of imbalance, if the team decides to release, mint, or move a large fraction, the price could drop like an elevator without cables.
The contract HAS a minting function… that is, they can print more tokens whenever they want, literally from nothing. There is no hard lock in the smart contract to prevent it.
And here comes the worst part:
Currently, only about a quarter of the total is in circulation. That means that 75% of the supply is still not on the market.
With that level of imbalance, if the team decides to release, mint, or move a large fraction, the price could drop like an elevator without cables.
