Quick recap on what this token was yesterday
$DMC 420K
DmcqxT7WXgXhq2LHURQ2h8GA5PeCBuMTLeyaj6MXhf3p
DeLorean Labs is a Web3 project tied to DeLorean Motor Company, building a blockchain system for booking, trading and tracking cars with full history. Around $1.9M was raised via token sales at an average price near 0.006, so at prices above 0.012 early investors can start taking profit. Whitelist participants have linear vesting over six months, which implies limited circulating supply around 300M tokens
Looks legit on the surface
Then you look at the chart and realize even a legit project can still end like this
Onchain shows supply concentrated with one group
Which opens the door for future manipulation
If this was not a one time display of generosity
> My Meteora LP play
Do not touch this token
If these breakdowns are useful, follow 🥩
NFA
