Recently, the price of the SUPER token has seen a significant increase, primarily due to the addition of a Korean won trading pair on Upbit, a major trading platform in South Korea. This has provided Korean investors with a more convenient way to participate, sparking market enthusiasm in the short term. However, in the context of this rapid rise, investors need to stay clear-headed and carefully consider the following aspects:

First, be wary of the "good news fully priced in" effect. History shows that many tokens experience a price pullback after being listed on major exchanges. This is because good news is often digested by the market before the listing, and the actual launch may become an excellent opportunity for early investors to cash out. Considering the recent significant increase in SUPER, investors should guard against the possibility of a short-term correction.

Secondly, do not be misled by the label "game coins". The Web3 gaming industry still faces numerous challenges, and most projects may struggle to survive in the long term. These games generally have two main problems: first, the sustainability of the economic model is questionable, often relying on a constant influx of new players to maintain the earnings of old players; second, there is a lack of game quality, with an overemphasis on financial speculation while neglecting the fun of the game itself. Once the profit-making effect fades, user attrition will be inevitable.

Finally, it is important to be aware of the risks brought by a high concentration of large holders. The distribution of SUPER tokens shows a high degree of concentration, with the top five holders controlling nearly 45% of the tokens. This means that if these large holders decide to sell off in large quantities, it could trigger severe price fluctuations, making it difficult for ordinary investors to cope with such a situation.

In addition, although many Web3 projects choose to register companies overseas, if they primarily target domestic users and the core team operates domestically, they may still face certain legal risks. The regulatory environment regarding token issuance and trading is still evolving, and investors need to closely monitor relevant policy changes.

Overall, although SUPER has performed well recently, investors should remain highly vigilant when participating and thoroughly assess potential risks to make rational investment decisions.