MANIPULATION 🚨
Many speculate that cryptocurrencies listed on large exchanges, such as Binance, do not get there by chance. ⤵️
The claim suggests that there are "silent contracts" between the projects of these currencies and the exchange itself. This contract may include financial conditions, listing fees 📊 and even implicit agreements that favor the exchange to the detriment of the market.
High Listing Fees:
A practice often discussed in the market is charging very high fees for a currency to be listed. This means that only projects with large financial resources have the chance to enter Binance, creating a direct financial relationship between the project and the exchange, leaving projects completely "slaves" to their orders.
Volume and Price Manipulation:
There is also the possibility of volume manipulation. Binance, as a centralized exchange, has full control over the data it displays. This means that it can “inflate” trading volumes to create a false sense of popularity or liquidity around certain coins, benefiting both parties. 🎭💡
Facilitated Pump and Dump:
Some projects would agree to participate in “pump and dump” schemes 🚀📉 (rapid price rise followed by sharp drops). This attracts new investors but leaves many at a loss, while profits are concentrated among insiders.
Informational Advantage:
Binance and other large players have privileged information about coin movements. The theory suggests that this knowledge is used to directly benefit the exchange or close investors, while the general market is left in the dark.
Centralization Contrary to Crypto Philosophy:
If the claim is true, it contradicts the fundamental idea of cryptocurrencies: decentralization and transparency. The supposed alliance between exchanges and projects undermines trust and fairness in the market. 🚨