Recently received many inquiries about whether $GIGGLE is worth participating in. My view is straightforward—this is not an investment opportunity, but a chip trap carefully designed by big players. Holding long-term will only make you the bag holder.

Let's look at some data first. According to market data, the total supply of $GIGGLE is only 1 million tokens. At first glance, the market cap isn't large and may be prone to fluctuations. But the real problem lies here: 88% of the chips (about 880,000 tokens) are concentrated in just 10 wallets. Even more frightening, one super whale address holds over 77% of the share.

What does this mean? A simple analogy makes it clear. Imagine a gambling table where 10 dealers control 88% of the chips, with one dealer holding more than all retail investors combined. They can pump the price up at will or crash it instantly. Any operation by retail investors cannot shake the market—this is a typical feature of "card control." Such an extremely concentrated holding structure completely deviates from the original intention of decentralization in crypto assets.

Here's a quick way to identify "whale stocks." Focus on two key points: first, concentration of holdings. If the top 10 holders account for over 60%, be alert; over 80% should be a direct pass. The price of such tokens is purely driven by big players' will, not reflecting genuine market demand. Second, trading depth. Tokens with poor liquidity are more easily manipulated. Mastering these two indicators can help you avoid many pitfalls.