$BEAT dump over the last 2 days is definitely concerning. 📉
But so far, I haven’t seen confirmed evidence of a team rug or scam like the $LAB situation.
The bigger risks appear to be large token unlocks, high holder concentration, low liquidity and heavy speculative selling.
$BEAT has ~1B max supply, with a large portion still outside circulation. The recent unlock added more selling pressure at a time when momentum was already weakening.
For now, I’d call it high-risk, not a confirmed scam.
Keep watching team/investor wallets and exchange inflows. 👀
DYOR. Not financial advice.
But so far, I haven’t seen confirmed evidence of a team rug or scam like the $LAB situation.
The bigger risks appear to be large token unlocks, high holder concentration, low liquidity and heavy speculative selling.
$BEAT has ~1B max supply, with a large portion still outside circulation. The recent unlock added more selling pressure at a time when momentum was already weakening.
For now, I’d call it high-risk, not a confirmed scam.
Keep watching team/investor wallets and exchange inflows. 👀
DYOR. Not financial advice.
