Backpack (BP)
Young token, large supply overhang: Only a quarter of BP's 1,000,000,000 max supply is circulating. This token's entire price history on CoinGecko is thin — 90 days ago it traded near $0.14, suggesting it's a recent launch rather than an established asset. Treat both the 90-day chart and the dilution picture as reflecting a project still early in its lifecycle.
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