What can a token allocation pie chart tell you about a project?
The allocation table is usually published alongside the release schedule: even if the same amount goes to the team, a one-year lockup makes a big difference compared with no lockup.
Here's the key point: an allocation table only shows how tokens are distributed. It can't tell you on its own whether a project is good or bad—you also need to look at the product and demand.
$ARB The initial supply was 10 billion tokens, of which 11.62% was airdropped to users. The current price is 0.1876.
Don't bet all your savings on one project.

I'm just chatting—don't take this as investment advice.