Recently, Binance has been listing coins like crazy, almost achieving a new coin every day. In the past month, it has added nearly a trillion in market value to the market, but there simply isn't that much capital to support it. The fresh funds have all been drained by the pump-and-dump projects. The trend of new coins has basically been a continuous decline...
@cz_binance @heyibinance I suggest that the projects being listed undergo strict reviews, and that the margin mechanisms are tightly controlled. Shouldn't we manage those that are breaking below their initial prices and dumping without any bottom line? 😫
If you want to make money, you need to keep an eye on CZ's movements. On BSC, MEME is the soul; as long as CZ mentions it, even dog crap can take off. If CZ doesn't mention it, the difficulty of taking off increases significantly...
Is this ultimately a good thing or a bad thing? Regardless of whether it's good or bad, if it can make money, it's a good thing; if it can't make money, it's garbage...
37.17K
23
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.