Silentrocket
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Have you seen Star Xu, the CEO of OKX, call out? 🔥🤷 He highlights critical issues plaguing the cryptocurrency industry, particularly the listing of new tokens and the exchange's role in it. 💥
Star points to the $AEVO case as a prime example, plummeting from $3.70 at launch to a mere $0.44 today. 🤬 He claims many tokens only serve to dilute supply, cash out, and harm users after listing. 😤
Star believes exchanges are being exploited by project teams for token dumping and market manipulation. 🤔 He urges stricter listing criteria to prevent exchanges from being complicit. The absence of regulations around token listings and dumping is creating market chaos. 🤖 The entire industry needs to address these problems collectively to protect investors. 💪👀
We wholeheartedly agree with Star's concerns. Diving deeper, we see implications beyond the surface:
💻 Industry-wide crisis: Star's critique unveils broader problems, including inconsistent project quality and insufficient exchange oversight.
💻 Regulatory imperative: His tweet is a call to arms for stricter regulations governing token listings and exchange practices.
What are your thoughts? Do you agree with Star Xu's assessment? DYOR! #Altcoins #AEVO #OKX
Star points to the $AEVO case as a prime example, plummeting from $3.70 at launch to a mere $0.44 today. 🤬 He claims many tokens only serve to dilute supply, cash out, and harm users after listing. 😤
Star believes exchanges are being exploited by project teams for token dumping and market manipulation. 🤔 He urges stricter listing criteria to prevent exchanges from being complicit. The absence of regulations around token listings and dumping is creating market chaos. 🤖 The entire industry needs to address these problems collectively to protect investors. 💪👀
We wholeheartedly agree with Star's concerns. Diving deeper, we see implications beyond the surface:
💻 Industry-wide crisis: Star's critique unveils broader problems, including inconsistent project quality and insufficient exchange oversight.
💻 Regulatory imperative: His tweet is a call to arms for stricter regulations governing token listings and exchange practices.
What are your thoughts? Do you agree with Star Xu's assessment? DYOR! #Altcoins #AEVO #OKX
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