Why do people say that no one in the cryptocurrency circle plays now? There is no innovation except for memes.

Today, Binance began to issue policies to warn these malicious coins. In fact, these are far from enough.

Nowadays, the market VC coins have a circulation of 1/10 at the opening, and the market value is 1 billion or even several billion. It is completely a trap for newbies to take over.

There will be a huge amount of unlocking in the future, and cashing out every month to pay the team in disguise. For example, the former OP Shuidichou Sui Arb Apt, etc., have been pulled up several times in the future, but they have not exceeded the original opening price. They are all doomed projects. The listing is just for cashing out without any ecology. The top exchanges need to change the status quo, otherwise the outflow of funds in this circle will be more serious, and there will be no fresh blood entering the market. A vicious cycle.

In addition, after the total amount of many old coins is fully circulated, the project party can no longer cash out. They want to pull the market but are reluctant to spend real money and silver, and do not give retail investors a sedan chair. Therefore, brand upgrades, splits, and name changes are all kinds of operations that can not only issue tokens in disguise, but also rely on this kind of no substantial benefits to pull the market. Matic, which once had a market value of 10 billion u Even with such a big market, they can still do such unscrupulous things.

If the top exchanges don't warn, the first person will do this and the second one will do it. There is no need to issue new coins in the future. Just upgrade the brand and rename the old coins. Why not cut leeks in various ways?

Now that cz has returned, he has begun to warn these project parties. At present, it is just a warning, which is far from enough. I hope that the top exchanges will unite in the future. If there is such an unscrupulous operation again, these junk coins will be directly removed from the shelves, so that the currency circle will gradually get better, instead of bad coins driving out good coins. There are no newcomers in the market.