According to @adriannewman21, labeling a token as 100% circulating on day one can be financial engineering that concentrates supply among a few holders and misleads retail traders, source: @adriannewman21 on X, September 1, 2025. According to @adriannewman21, a low float with a high fully diluted valuation (FDV) directly signals the team will control the majority of supply, indicating centralization risk at launch, source: @adriannewman21 on X, September 1, 2025. According to @adriannewman21, traders should treat low-float, high-FDV launches as red flags when evaluating new listings, source: @adriannewman21 on X, September 1, 2025.