A token's trajectory often hinges on developer credibility—specifically whether they're willing to lock their allocation. Take $rayball as a real example: when the dev committed to locking the remaining 5% of tokens, it helped drive the project from 17k to 410k, a 23x move. That commitment mattered.

Now the question becomes whether newer projects will make the same choice. Transparency on the dev side—posting the contract on the website—is a start, but it only goes so far. With just 10k in initial liquidity, the math shows the risk exposure clearly. No need to point fingers if things go wrong; the numbers tell their own story.