The centralization of token allocation significantly influences sell-off pressure. Highly centralized allocations, where a few entities (e.g., founders, early investors, or exchanges) hold large portions, often lead to increased sell-off risks. These holders may dump tokens for profit-taking, market manipulation, or liquidity needs, triggering price volatility. Data from past projects shows that tokens with over 50% of supply held by top addresses face sharper price corrections during unlocks. Conversely, decentralized allocations, with broader distribution via airdrops or community rewards, dilute sell-off pressure by reducing individual control and aligning incentives. However, even decentralized setups can face pressure if vesting schedules are short or market sentiment sours. Transparent allocation models and gradual unlocks mitigate risks, fostering stability. Monitoring on-chain data, like wallet activity and exchange inflows, helps predict potential dumps.