This is the token of the most successful company in crypto

And it could fail for one reason:
Greed.
The company has already generated over $1B in revenue
Yet they still decided to raise another $1.3B through an ICO
In total, the founders have owned or sold 60% of the entire token supply
While everyone and their mom finally sold their ICO allocation, there's another big problem:
- 20% team allocation
- 13% pre-ICO allocation
A few days ago, 25% of those allocations unlocked
That's roughly $170M worth of tokens
Around $100M went directly to the team. The investor allocation is concentrated in just 80 wallets
Some have already transferred tokens to CEXes, ready to sell
For the next 3 years, around $14M worth of tokens unlock every month
Meanwhile, the protocol is buying back just $10–12M per month
Basically they're just exiting through their own buybacks at this point