Tokens like Pippin with high concentration are indeed worth being cautious about.

Back in mid-December, after the project announced its collaboration with Mind Network, Pippin reached a new high on December 17, showing a significant short-term surge in popularity. However, the subsequent on-chain data dampened the enthusiasm—a report on December 18 indicated that over 80% of the internal tokens were held by a small number of token holders, creating a severe imbalance in token distribution that posed risks of large holders exiting and retail investors being forced to take over.

The project team is clearly aware of this issue. On December 20, they released an AI roadmap, attempting to enhance the actual usage value of the Token through new features and application scenarios, thereby alleviating the risks brought by high volatility and concentration. From their stance, it seems they are actively responding, but whether such commitments can ultimately be realized and when the AI module will truly take effect still requires time to verify.

The concept of cooperation is ultimately a short-term emotional boost. Without practical applications to support it, and with such a token structure, future market trends still need to be observed with caution.