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swarms: The token price is being maliciously manipulated, and a proposal is being introduced to increase the team's chips from 2% to 10%

2025-02-01 14:43:44

ChainCatcher news, according to a post by swarms on platform X, the team only holds 2% of the tokens, which is a mistake that allows the price to be manipulated by malicious holders and exchanges.

swarms is launching a proposal aimed at increasing the team's token holdings to 10%, which will be achieved by establishing a DAO, and then allowing token holders to join and invest in the tokens.

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