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[Forgd Founder Warns of Information Asymmetry and Front-Running Spreading to DAT Products] Shane Molidor, founder of blockchain consulting firm Forgd, stated that information asymmetry and front-running activities are expanding from the token market to institutional investment products like DAT. Initially, DAT primarily invested in highly liquid, large-cap tokens such as Bitcoin. However, as competition intensifies, some products have shifted to smaller-cap, less liquid tokens in pursuit of higher returns, which increases their risk of manipulation. Additionally, during the fundraising process for DAT, insiders may gain prior knowledge of token purchase plans, enabling them to engage in front-running on the secondary market for profit.

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