A stark reminder of what's been unfolding in the market lately.

$SENT has taken quite a hit—down 28% as the reality sets in. The numbers tell the story: 34.35B total supply, trading at $0.023, with an FDV hovering around $790M. That's a brutal 70% drop from where it debuted at a $2.5B valuation.

This raises a question worth asking: Should projects really be putting this much supply into exchange launchpad channels? When massive token allocations hit liquid markets immediately through high-profile listings, it creates a dynamic that doesn't always work in the project's favor. The initial valuation disconnect often leads to exactly what we're seeing now—a cascading sell-off as early allocations unwind.

It's a pattern we've seen repeat. Projects getting caught between the hype of platform backing and the harsh mechanics of token economics. Worth thinking about the next time a new listing gets announced.