$BMT Binance’s Carelessness in Listings
Lately, Binance seems to be throwing new tokens onto the exchange like darts at a board, without much thought for long-term sustainability 🎯🤦♂️. A lot of these listings experience massive volatility and immediate sell-offs, as seen here. The way this coin shot up and instantly collapsed suggests low liquidity, heavy insider selling, or poor market structure—all things Binance should be monitoring before launching new tokens.
It’s becoming a trend: Binance lists a new coin, hype builds for a few minutes, whales dump, and retail traders are left wondering what just happened. Serious traders beware—these "new" listings often have the lifespan of a TikTok trend. 📉😂
The price pumped hard to $0.3298 like it was about to go to the moon 🚀… only to dump immediately and settle at $0.1513 like it just ran out of fuel mid-air and crashed back to Earth 📉💀.
Those long red candles show aggressive selling pressure, meaning early buyers got out quickly, leaving late buyers holding the bag. Classic pump-and-dump behavior.
The tiny green percentage (+0.93%) at the top is almost mocking traders, as if saying, "Hey, at least you're not completely wrecked… yet."