To put it bluntly, none of his tokens can be smashed. There is no liquidity and no one will take them. He turns his left hand to his right hand. If he burns it, burn it. He can’t exchange it for money. He wants to defraud the entire economy a second time. There is something inherently wrong with the model.

How to understand the main trading actions of GMT from on-chain data?

This time GMT has made a big move, locking up and burning 600 million tokens. After analyzing the on-chain data and comprehensively considering the team's various strategies, I will first publish the most important conclusion, and then explain how I came to this conclusion.
1. The GMT team spent a huge amount of money to lay out a medium- and long-term strategy, and the people who planned and set up the strategy in the team are experts.
2. As long as you can see the situation clearly, you can follow the game maker and reap the biggest benefits.
Why do we say that the GMT team has laid out a big plan?
The team previously burned 800 million tokens, which, if calculated at the price of 0.16U, would cost $130 million. Now they are preparing to burn 600 million tokens, at a cost of $100 million, for a total of $260 million, which is considered a large sum in the current market.