Brother Hao has said that new coins will definitely face selling pressure as soon as they launch, and the newly listed $ALPINE is no exception!
1. No clear application scenario: No DeFi, metaverse, or other practical functions, relying solely on concept speculation, with no real demand.
2. Doubts about the team and technology: Core members' resumes and technical white papers are not disclosed, no code open-source and security audits, and no technological barriers.
3. Unreasonable token model: Early holdings exceed 60% and unlock quickly, leading to even greater selling pressure later on.