Two things about launchpads are completely unavoidable: 1. Front-running sniping 2. Liquidity splitting When I say unavoidable, I mean: you can come up with all kinds of mechanisms to prevent it on the surface, like Virtuals' dynamic opening tax or throttling measures. But in the end, these will just lead to all sorts of new problems. When you look back and add it all up, you’ll realize it’s worse than before—more trouble than it’s worth. Liquidity splitting is an old topic. Everyone has tried various methods, including things like the 'unique name' rule for inscriptions. I remember Four tried this last year, and it got roasted instantly. Why? Because it led to token groups casting a wide net to front-run and hoard tickers, leaving those who actually wanted to build (like CTOs) with no options. BNB is just too fast and too cheap. This kind of measure works on BTC because the sunk cost is high, but it doesn’t work on BNB. Actually, if you look at liquidity-splitting FUD from the perspective of a whale and treat it as a strategy, it’s essentially about this: 'Given the current capital, what’s the highest FDV the whale can push to without risking losses?' It could go higher, sure, but based on the whale’s data and script-driven strategy, they’ll decide to take profits and split liquidity at a certain point. We’ve tracked many token clusters on RH and BSC. Their single-round revenue is very low, and they rely entirely on high volume and low margins. So, the liquidity-splitting dilemma, when you break it down, is unsolvable. The only real solution is if meme coins can be shorted. If shorting is possible, then it doesn’t matter whether liquidity is split or not. Dragon 1 has its own playstyle, and liquidity splitting has its own playstyle. Just treat it all like a lottery—both long and short positions can play the game. #Crypto #DeFi #BNB #BTC #MemeCoins