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I don't understand, why can $K generate a trading volume of 177 million tokens within 90 minutes on the Bybit spot trading pair when its current circulating supply is only 11 million tokens, with 11% of tokens unlocked during TGE?
Surely the entire market's tokens aren't being traded back and forth within this hour and a half, right?
I really don't get it... I hope @Sidekick_Fdn can clarify: who is buying and who is selling?

I think I understand... No wonder someone is inflating the trading volume here...
It's all just a bunch of shady trading, just to grab all the 700,000 tokens in rewards...
The actual number of chips involved in the turnover is probably very small, but these scientists probably have a fee advantage, so they can achieve this high-frequency turnover to inflate the trading volume.
This way, retail investors won't get a penny... After all, their profits are diluted by his over 200 million trading volume...

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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