🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
The SQD token has recently seen a significant increase, but can it sustain this growth? Let’s analyze the data.
First, let's look at liquidity. Currently, there is only $590,000 in liquidity, yet the market cap has surged to $66 million. In other words, the truly active funds are only around $4 million, but they are supporting a market cap of $458 million. This discrepancy doesn’t add up and is unsustainable.
Next, consider the unlocking schedule. Tokens are being released daily, with 1.08 million SQD being dumped every day. Who will absorb this continuous selling pressure? This is a persistent sell-off.
Most importantly, point three: unlocking isn’t the end. There is also support for unlimited token issuance. Tokens with unlimited issuance are inherently risky. Historically, projects like this, once targeted by hackers or attacked, face devastating consequences. The risk is too high.