Interesting comparison: DOG is listed on a major exchange with a relatively transparent and fair process, while projects like Testnet Memes on another top exchange are filled with reserved shares for VCs, project teams, and insiders. This reflects the differences in token distribution mechanisms and ecosystem governance across platforms—one emphasizing fairness, the other leaning toward centralized allocation. When choosing an exchange, looking at the project's token unlock schedule and initial distribution plan often reveals the underlying ecosystem logic of the platform.