On April 15th, DeFiance Capital founder @Arthur_0x raised critical concerns regarding the integrity of the current crypto market. He highlighted that collusion between project teams and liquidity providers has emerged as a significant issue, facilitating price manipulation. Such practices create an opaque environment, making it increasingly challenging to differentiate between genuine demand and artificially inflated prices. Furthermore, centralized exchanges (CEX) appear to be overlooking these activities, resulting in eroded investor confidence in the altcoin sector. The repercussions are severe, with many new tokens experiencing staggering declines of 70%-90% post Token Generation Events (TGE). Arthur’s caution is clear: if the cryptocurrency industry fails to implement self-regulatory measures, it risks losing its allure to current and potential investors, ultimately endangering its long-term viability.
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