#加密E姐
Binance starts taking action to regulate market makers, as the liquidity depth of Binance means that many projects aim to list on Binance and then sell off rapidly. As a result, many new coins drop significantly, mainly after falling 90%, with many still unreleased and no buy orders placed, which effectively means that users are losing their funds directly to them.
Next, it will depend on how Binance protects this liquidity. The market itself is poor, and with these new coins, all the data is fake and cannot bring real traffic to Binance; it only drains users’ resources, resulting in a vicious cycle in the overall market.
New coins should be avoided, and old coins lack compelling narratives to tell. In short, there isn't much liquidity. Trading coins now is truly hellish; making a double profit leads one to think of getting rich in the crypto world, but not wanting to sell at double, only to see prices fall back again. The biggest issue now is that market makers are not like before, willing to pump prices; they are now only offloading. Let's see how Binance intervenes to regulate this market. Try to avoid new coins and buy those old coins that can withstand risks. A significant narrative in the future of the crypto world is the tokenization of stocks, which may happen on the ETH chain, representing a substantial boon for swaps.