MMT's dog farm is very sinister, constantly harvesting retail investors and KOLs. Based on historical data and market behavior, MMT is indeed a "control type monster coin", and it is an extreme control case that can be traced and repeatedly verified. This is not just my speculation based on the market, but supported by clear evidence from on chain, financial, and historical events. Chain and data ironclad evidence: highly centralized chip structure The most direct evidence of whether a coin is being controlled is the distribution of chips. The data from MMT clearly points to this point: 1. Extremely low circulation: The total supply of MMT is 1 billion pieces, but the current circulation in the market is only about 204 million pieces, with a circulation rate of about 20.4%. This means that nearly 80% of the tokens are not freely circulating in the market, and the chips are highly concentrated. 2. Large scale addresses control a large number of chips: On chain data indicates that the top 10 addresses hold more than 30% of the total supply of tokens. Meanwhile, an address holding 18.57% of the total supply had historically directly transferred 38 million MMTs to the exchange, which directly led to a market crash. This concentration indicates that a very small number of addresses have the ability to influence price trends. Classic Case: The "Precise Stock Explosion" Event in November 2025 This incident is the most typical evidence of MMT as a "control type demon coin". At that time, the operation of the project could be seen as a textbook level "banker harvesting" case: Attracting You into a Jar: The project uses market hype and low opening pre market trading to make a large number of investors and KOLs believe that the price will fall, thus choosing to short and hedge. Late night buying: The project team cooperates with market makers to quickly raise the price several times from a low level with a small amount of funds during the thin trading volume in the early morning. Precise harvesting: Violent buying in a very short period of time resulted in over $100 million of short positions in the contract market being precisely liquidated. Sell off and exit: After the price reaches a high point, the address associated with the project party quickly transfers MMT tokens worth approximately $45.6 million to the exchange for selling, completing the cash out. This event perfectly demonstrated the classic control technique of "manipulating prices and selectively harvesting contract counterparties' stocks". Recent market trend: The shadow of 'Zhuang' can still be seen Although history has passed, there are still traces on the market. In November 2025, MMT's pre-market price on Binance dropped to as low as $0.3 before being pushed up to $10.5. During this violent rally, over $100 million in short positions were sold, and the price eventually fell below $1. Even in July 2026, there are still market voices clearly stating that "MMT is a currency with obvious market control" and warning that "going against the trend to short is like paying tuition fees to the market". This indicates that its strong attributes have become a consensus in the market. Summary: Nature is more important than degree Is MMT extremely controlling? ” The answer is affirmative. From the extremely low liquidity rate (20.4%), highly concentrated address holdings, to the precise liquidation event in history, the core driving force of MMT is not market free play, but dominated by a few market makers. The characteristic of this "control type demon coin" is that its direction is determined by the market maker, with extremely strong explosive power but also high risk. Retail investors are essentially gambling against opponents who hold a large amount of chips and information.