The newly listed currency $GPS on Binance for spot trading is now under observation and at risk of being delisted.
Now I understand why it dropped from the very first moments of its listing, and this dumping behavior that we see has benefited no one except the currency team and the platform, while the only losers are those who trusted this currency.
By the way, the project behind this currency is real, which is why I wrote about it before its listing began.