CandleFocus In this Altcoin, Developers Say “There is Manipulation Because We Allocate Too Few Tokens to Ourselves”, Demand More Tokens from the Community
2025-02-02
Author: Content Editor
Decentralized artificial intelligence project Swarms (SWARMS) plans to increase its token allocation from 2% to 10% due to concerns over market manipulation and token instability. Swarms developers admit that the initial token distribution was a mistake, as it left the project vulnerable to manipulation by large token holders and exchanges. The team proposes the tokenomics adjustment to allocate 10% of the total supply to the Swarms team, which will be voted on by token holders via the Swarms DAO.
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