🥲 LIST IS Dump 🆘
Binance has announced a new coin listing mechanism with many criteria that are beneficial to investors, however, in my opinion, Binance's new coin listing mechanism is still not very effective when most of the newly listed coin projects are dumped, lightly divided by 2, heavily divided by 10 in a short time.
Although the projects are less crazy when the circulating supply list and market cap are no longer a few hundred million $ to 1 billion $ as before, but the fear of listing is dump has made the majority of investors lose confidence in new projects.
If there is no change in the future in the emergence of new projects and listing is dump, it will be difficult for the crypto market to develop. Without new cash flow, the crypto market will only have sharks playing with each other.
Note: This article is a personal opinion, not investment advice.
