Major Concern in Altcoin Market: Team Locks Up 84% of Supply – Implications for ALT Coin (ALT)
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- The founder of Cyber Capital, Justin Bons, has recently criticized the Sui (SUI) team heavily on social media.
- Bons pointed out that over 8 billion Sui have been staked, with more than 84% of these assets held by the founding team, indicating a significant monopoly and risk.
- He also warned investors to be cautious, highlighting that Sui has an overly centralized structure.
Justin Bons, founder of Cyber Capital, criticizes the Sui team for their monopoly and warns investors about the potential risks involved in the overly centralized structure of Sui.
Justin Bons Criticizes Sui Team
Justin Bons, the founder of Cyber Capital, has recently taken to social media to voice his concerns about the Sui (SUI) team. In his post, he criticized the team for holding more than 84% of the over 8 billion Sui that have been staked. This, according to Bons, indicates a significant monopoly and risk.
Concerns Over Sui’s Centralized Structure
Bons further highlighted that Sui has an overly centralized str... Read the full article for FREE at COINOTAG!
