$OM Exchanges should establish new regulations for coins like Luna, OM FTT, and any coin that drops by more than 90% in a single day. These coins are dead coins in the eyes of investors, and they are only used to play with hope, like Luna. OM will not go back to where it once was. It pumped before inflation and the conversion of the normal Mantra DAO on Ethereum to its own blockchain on the Cosmos SDK. These projects should be delisted immediately, as they will only cause further damage to investors, especially small investors who put their savings into these coins.
@Richard Teng @Yi He @Binance Labs
It may be that you exchanges want to continue supporting them, since such projects are massively responsible for the Ethereum and Bitcoin pumping, and you're making a ton of money in fees. Even if they issued a warning beforehand. Should an exchange better monitor a project, they should create a separate pool on exchanges in case such phenomena, which are deliberately occurring, no longer occur. Because then that's proper customer protection. That's how I see it.
Also the phenomenon of Sun Coin which fell from $56 to under $0.01 and will never return to that level. simply create a new coin and call it sun new the old contract is rendered worthless 🤷🏽♂️ if it's crypto recently I don't know if it will last in the long run Many people forget these things in the long run and it is ignored until no one mentions it anymore.