So you can see 41% of the token are already held by private holders. And the 5% is just upcoming on coinlist so 5% is nothing compared to 41% who can dump and crash the market price
I've been participating in the various sale of coinlist since last year started from casper, mina and etc. I can give you a small explanation about that.
As far as i know, if the dump can happen when the vesting period for the tokens that have already been bought by the early backers or buyers already unlocked but the problem is when there was a VC that was investing on it. As far as i know that tokens bough by VC will be unlocked before the public buyers. that means VC can take the profit.
What does 54% Community incentives & rewards mean?
That means if there will be a reward and incentives for the community just like earning through staking, yield farming, etc.
If a token can be locked/time restricted then the token is not truly decentralized right?
Basically, the token was not decentralized as it totally depends on the code on the smartcontract. The blockchain that is used as the parent chain for such a token makes it decentralized. I meant like token issued on the decentralized network or blockchain.