GPS and SHELL market makers have been banned by Binance

I see both sides now

The affirmative side believes

This way, new coins on Binance will be saved

Binance is great, taking care of the retail investors

The opposing side believes

This affects the already wild crypto market

If they aren't allowed to sell, who would dare to pump the price?

Shouldn't manipulations like TRB also be banned?

What truly disappoints me is

The decision to dump

Is likely a collaboration between the project and the market makers

Because the market is bad

Market makers might continually suggest the project to sell

Not to be shortsighted, as new coins on Binance always plunge

The project side also finds it reasonable

They all think up a plan

Creating one ugly candlestick after another

"If you don’t sell, others will sell"

On the other hand

The project itself cannot attract enough buying interest

Unable to support sell pressure or expand the order book

It’s always 80% sell orders

In the Great Game, it discussed how past market makers on the NYSE

Used fully open exchange information

To exploit information asymmetry to manipulate the market and harvest retail investors

At that time and moment, just like now and this moment