# BEAT

#BEAT Total supply of 1 billion tokens, with 40% allocated to the community (released over 4 years). The essence of "dancing to make money" is a Ponzi scheme—later user growth cannot keep up with token inflation, and the price will inevitably plummet. We can refer to StepN, which lost 90% of its market value after one year of launch.

#BEAT Total supply of 1 billion tokens, with 40% allocated to the community (released over 4 years). The core of "dancing to earn" is essentially a Ponzi scheme—later user growth cannot keep up with token inflation, and the price will inevitably plummet. We can refer to StepN, which saw its market value shrink by 90% after one year of launch.

#BEAT The Korean Financial Supervisory Service announced on December 28th that they will review whether the "Dance to Earn" project is involved in illegal gambling, which may affect BEAT's trading volume in Korea (accounting for 35% of the total).

#BEAT on-chain data shows that the top 10 addresses hold 65% of the circulating supply, with a high concentration of chips. In December, suspected selling behavior by the team further exacerbated the trust crisis.

#BEAT The current price corresponds to a PS (Price-to-Sales ratio) of 4.4, far exceeding the average level for Web3 games (2.1), and the progress of AI feature implementation has not met expectations (only the Telegram music request function has been completed);

#BEAT If the price of this coin can go up, it's not a project problem, but the whales' eyes are blind.