Karrat token rallies but dilution and concentration risks remain

Karrat Token Performance: Karrat, a small-cap gaming token, has surged over 65% from its lowest point this year, reaching a market cap of over $48 million, although it remains 68% below its all-time high. This rise coincided with gains in other popular gaming tokens and was influenced by the launch of new NFTs on the My Pet Hooligan platform.

Concerns and Risks: Despite its recent recovery, Karrat faces risks including a high concentration of holdings among top investors, with 92% of coins held by the top ten holders, and potential token dilution due to upcoming unlocks that will significantly increase the circulating supply over the next few years.