How is it the presence of meme coin being considered a deviation from decentralization, that whole statement is not really true because meme coin usually is the coin that have minimal investment by venture capitals and usually those VC could only get it after the coin went to public so no pre-sale or something that could give edge to the VC, i think its pretty decentralized to me.
on the other hand the coin that you mentioned as i've seen from bitget https://www.bitget.com/support/articles/12560603811322 according to their site they just disclose that there will be 1 million supply of the token in their tokenomic section and they didn't even put an effort to disclose the allocation. Seeing from the token contract alone https://etherscan.io/token/0x504624040e0642921C2c266a9aC37CafBd8cDa4e#balances literally 1 address holds 30% of the token, how is it any better than meme coin
I think you're being biased here.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2Fg0pY7DmB%2Flvl.png&t=663&c=CVbvzmvPx1sldw)
on the other hand the coin that you mentioned as i've seen from bitget https://www.bitget.com/support/articles/12560603811322 according to their site they just disclose that there will be 1 million supply of the token in their tokenomic section and they didn't even put an effort to disclose the allocation. Seeing from the token contract alone https://etherscan.io/token/0x504624040e0642921C2c266a9aC37CafBd8cDa4e#balances literally 1 address holds 30% of the token, how is it any better than meme coin
![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2Fg0pY7DmB%2Flvl.png&t=663&c=CVbvzmvPx1sldw)
The influx of memecoins in the market daily is surely a concern. What does this coin do though, distribute love to everyone? I'll need to check it out.. since it'll be on Bitget it'll be easier for me to checkout cos they mostly do list potential mooshots early. Probably it's an early investor, ahah.