Mars Finance News, on April 15, DeFiance Capital founder @Arthur_0x tweeted that the biggest problem in the current crypto market is the collusion between project parties and market makers to manipulate prices, with an opaque process that makes it difficult to distinguish between real and fake supply and demand. CEXs turn a blind eye to this, leading to a lack of confidence in the Altcoin market, with TGE pricing being absurd and most new coins plummeting 70%-90% after listing. He warned that if the industry does not self-correct, the market will continue to lose investment appeal.
Opinion: Project parties colluding with market makers to manipulate prices is the biggest problem plaguing the crypto market
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content