Too much given by Lu Mao, the ghost takes over.

The total supply of Sahara AI tokens is 10 billion, with only 5.77% circulating on the market. It has been listed on all top exchanges at once, including Korean exchanges, with a public offering cost of $0.06 (6 billion FDV), which is just over twice that. The price is $0.15, with a 14 billion FDV. Many might consider shorting upon seeing this.

However, this popular project is different from small projects with a market cap of only a few million that are mindlessly shorted. The chip structure determines that it is easier to control the market. Regardless of whether the project is good or bad, the chip structure must be considered first. It is not just because the market cap seems high that one should short it; in fact, many coins with a particularly good reputation experience significant selling pressure due to the large amount given by the community.

From a fundamental perspective, no project in the crypto space is worth a high market cap, but funds can inflate the market cap.