BlockBeats News, May 16th, according to crypto KOL niftywap.eth's analysis, the Believe platform is accumulating token supply for its ecosystem token through a fee mechanism.
Using the meme coin Theranos as an example, in the past 24 hours, the Believe platform has accumulated 2.3% of the token supply (currently locked) and has risen to the third-ranking holder, second only to theranoscexwallet.sol.
niftywap.eth further stated that if these fees used for the token could be disbursed to the team, the listing fund issue would be alleviated. The team needs several percentage points of funding to survive and get listed on a CEX. Whale users are not willing to donate, and they shouldn't. As long as the team uses these fees for marketing and listing projects, this is the new gold standard.
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