According to ChainCatcher, Arthur, founder and chief investment officer of DeFi Capital, posted on X platform that the biggest problem currently troubling the liquidity cryptocurrency market is how projects and market makers collaborate to create artificially sustained prices, a process that is completely in a black box. You cannot determine whether the price is determined by real supply and demand, or simply because projects and market makers collude to manipulate prices for other goals.

Surprisingly, centralized exchanges (CEX) completely turn a blind eye to this, and the Altcoin market is increasingly becoming a "lemon market" with a lack of confidence. Not to mention that the pricing of most token generation events (TGE) this year is simply a joke, with tokens dropping 70% to 90% in the months after listing, causing huge losses to anyone who bought them. If the main participants in the industry do not step up to improve this situation, most of the market will remain unable to attract investment in the foreseeable future.