Some thoughts on the BSC ecosystem: Recently, it has been observed that certain small-cap projects exhibit a high concentration of tokens. For example, a project with a market cap of 12K has a single address holding 28.5% of the circulating tokens. Such extreme token distribution methods are indeed worth cautioning against. This type of high-risk token structure is often accompanied by liquidity issues and potential price manipulation risks. Investors participating in BSC ecosystem projects should pay more attention to token distribution, especially for ultra-small market cap new tokens, where high token concentration is usually a clear risk signal.