Analysis: The Believe platform is accumulating the token supply for its ecosystem Token through a fee mechanism, which may be used for team marketing.

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On May 16, according to crypto KOL niftywap.eth's analysis, the Believe platform is accumulating Token supply for its ecosystem Token through a fee mechanism. Taking the meme coin Theranos as an example, the Believe platform has accumulated 2.3% of the Token supply in the past 24 hours (currently locked) and has risen to third place in the holder rankings, only behind theranoscexwallet.sol. Niftywap.eth further stated that if these fees for the Token could be distributed to the team, then the funding issue would be alleviated. The team needs several percentage points of funding to survive and list on CEX. Whale users are unwilling to donate, and they shouldn't have to. As long as the team uses these fees for marketing and listing projects, that is the new gold standard.

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