The market is slowly changing now. We can see that the recent tokens launched by Binance have significantly fewer high valuations. Many tokens are launched with market caps of only tens of millions to over a hundred million dollars, no longer the tens of billions that were common before! The market is changing, and Binance is changing as well. Previously, when Binance launched a token, one could just short it blindly, but now with new tokens, early VCs are exiting a portion, and later market makers will also pull back to stabilize the market, preventing immediate crashes upon launch. Additionally, with the popularity of Binance ALPHCA, many tokens are first listed on ALPHCA before going on Binance. The so-called 'mouse warehouses' and big VCs have significantly decreased, which is also a good thing for us players in the crypto space!
