There are many coins on Binance that have been abandoned by their promoters, the kind that retail investors are not interested in. Everyone is still eagerly trying to buy the dip, thinking it will rise, trapped in an illusion; I have experienced this situation too.
After all, being the first to launch on Binance makes it easy to be the second, and many coins have promoters that are hard to define, as they are the result of various power struggles. Many old coin concepts are not appealing, with low market control; it is better to issue a new one than to accumulate funds for them.
Coins like $ORDI and $SATS are examples where the track has been discredited, and there are no promoters left, yet people still fantasize about them. There are also those coins without promoters, those with inactive markets, and those that are influenced by news; let's avoid these pitfalls together.
