Something is off with the market appetite.
New token launches on major CEX were once prime entry points. Now, they seem more like exit liquidity traps.
$KAITO: -72%
$ELX: -81%
$BERA: -62%
$MOVE: -79%
$RED: -67%
$BIO: -94%
$PARTI: -90%
$BR: -79%
$SHELL: -76%
All within weeks of launch.