COAI big pump breaks through 6.20 USD! 96% Token concentration triggers risk alert

ChainOpera AI (COAI) market capitalization exceeded 1.1 billion USD, breaking through 6.20 USD on October 10, before slightly retreating. However, on-chain data shows that the top 10 wallets hold over 96% of the Token supply, and the top 100 control 99.74%, raising serious concerns about Token centralization and market manipulation. Currently, only 19.6% of the Tokens are in circulation, and the long unlocking schedule along with high FDV structure may pose a big dump risk after the speculation subsides.

ChainOpera AI Big Surge Behind: BNB Ecological Bonus and Perfect Timing

(Source: CoinMarketCap)

With the recent rise of BNB, projects in the BNB ecosystem attracted many retail investors in October. The inflow of funds into the BNB public chain has driven up the prices of several ecosystem Tokens, and ChainOpera AI seems to have seized this opportunity.

As the price of COAI breaks through 6.20 dollars, the market capitalization exceeds 1.1 billion dollars.

COAI market capitalization突破 10 億美元 in less than a month

ChainOpera AI is a decentralized artificial intelligence platform based on blockchain technology, aimed at facilitating collaborative intelligence through a network of AI agents and models co-created and owned by the community. In the vibrant ecosystem of BNB, COAI has recently garnered attention; internally, although the project has only been launched for a few months, it has already made significant progress.

According to ChainOpera AI, since the launch of AI payment services on the BNB chain in May of this year, its ecosystem has been continuously expanding, currently serving over 3 million AI users and 300,000 BNB payment users. This solid user base has enhanced the demand for COAI, contributing to its bullish momentum. In terms of numbers, such a user scale is indeed impressive for an emerging project.

CEX Promotion and the Perfect Combination with 'BNB Season'

From an external perspective, the success of the project is also closely related to favorable timing. During the period when the founders of CEX actively promoted ecosystem development, the development based on BSC clearly brought huge benefits to COAI. The currently popular "BNB season" sentiment has also spurred a surge in active discussions surrounding the token within the ecosystem.

ChainOpera AI stated: "Looking back at our success, a key reason is that we happen to build on BSC and BNB, accumulating 300,000 paid users for our AI terminal applications. These users highly overlap with the user base of BNB Alpha, with 40,000 users converting into active COAI participants." This high overlap in user groups provides a natural market foundation for COAI.

Exchange Launch Releases a Flood of Liquidity

In addition, the recent listing activities have also driven the rise of COAI. On October 6, COAI was launched on the Aster Exchange with a leverage rate of 5 times. Coupled with the previous integration with the CEX Alpha platform, these listing activities have released a large amount of liquidity influx. ChainOpera AI (COAI) is currently one of the best-performing projects in the BNB Alpha portfolio over the past seven days, with an increase of over 1,300%. This astonishing increase has attracted a lot of attention, but it has also raised questions about sustainability.

Risk Alert: Concerns of Manipulation with 96% Token Concentration

(Source: BscScan)

Despite the impressive achievements of COAI, investors should remain cautious about several risks associated with the newly launched TGE project. Firstly, the concentration of tokens is worth noting. According to BscScan data, the top 10 wallet addresses hold over 96% of the total supply of tokens, while the top 100 wallet addresses control as much as 99.74% of the token supply.

The possibility of returning to zero in a few seconds

Such a distribution structure easily raises concerns about market manipulation. A user X warned: "If these wallets sell off, the price could fall to zero within seconds, or even below 0.01 dollars. This is not a real big surge... but pure manipulation." This extremely concentrated coin holding structure means that a small number of large holders have absolute price control, leaving retail investors with almost no power to fight back.

However, it is important to note that a trustworthy team that focuses on long-term development will avoid taking actions that damage investor confidence. The problem is that, in the absence of sufficient historical records, it is difficult for investors to assess whether the team is truly trustworthy. This information asymmetry is itself a significant risk factor.

Token economics hidden dangers: Pressure from long unlocking schedules

(Source: CryptoRank)

Secondly, the token economics of COAI reveals its long unlocking schedule. Data from CryptoRank shows that out of a total of 1 billion COAI tokens, only 19.6% are currently in circulation. This means that over 80% of the tokens remain locked and will gradually be unlocked into the market in the future.

A key question has emerged: If the external momentum brought by the current "BNB season" fades, can the internal fundamentals of ChainOpera AI continue to attract new investors? Historical trends indicate that once the initial hype cools down, projects with high fully diluted valuation (FDV) and low circulating supply often struggle to maintain investor interest.

This token economic model creates a structural selling pressure:

Short-term risk: As the tokens are gradually unlocked, early investors and team members may choose to take profits, bringing continuous selling pressure to the market.

Mid-term Challenge: New investors face the risk of "buying at a high", especially when only 20% of the circulating supply is available, the current market capitalization may seriously overestimate the actual value.

Long-term Test: The project needs to demonstrate its ability to generate sufficient real demand to absorb the supply increase brought by the unlocking of 80% of the tokens in the future.

Five Key Factors to Consider Before Investing in COAI

Before allocating funds for ChainOpera AI, investors should carefully evaluate the following factors:

Actual Usage of the Ecosystem: The figures of 3 million AI users and 300,000 BNB payment users need further verification. Investors should pay attention to the activity and retention rate of these users, not just the registration numbers.

Competitive Landscape Analysis: In the AI + blockchain space, COAI faces competition from more mature projects and needs to assess whether its technological advantages and differentiated positioning are strong enough.

Team Background and Transparency: Extreme token concentration makes the team's integrity crucial; investors should thoroughly understand the backgrounds and historical records of the team members.

Market Cycle Sensitivity: The big surge of COAI largely relies on the emotional drive of the "BNB Season". Once the market sentiment changes, the price may face a severe correction.

Liquidity Depth: Although listed on multiple exchanges, investors still need to assess the actual trading depth to avoid being unable to exit smoothly when liquidity is insufficient.

Sustainability Challenges of ChainOpera AI

The long-term success of COAI will depend on whether it can transform its short-term development momentum and community-driven narrative into lasting, organic demand for its ecosystem. Simply relying on the popularity of the BNB ecosystem and the stimulation of exchange listings is not enough; the project needs to demonstrate real product-market fit and a sustainable business model.

But can the rise of ChainOpera AI be sustained? From a technical perspective, the overbought condition in the short term may lead to a technical pullback. From a fundamental perspective, the project needs to prove that its AI payment services can sustain growth and generate real income. From a market perspective, once the "BNB season" ends, whether COAI can maintain investor interest is a significant question.

The current price may have greatly overshot future growth expectations, especially in the context of extremely high token concentration and a large number of tokens yet to be unlocked. Rational investors should be aware that the current surge is more speculative rather than based on solid fundamental support.