Jademont
Jademont|Mar 07, 2025 10:08
If there are still project parties who are foolish enough to lend a large amount of coins to so-called market makers before TGE to provide market making, it would be really foolish to grandma's house. When choosing a market maker, you must keep your eyes open. Because for some unscrupulous market makers, their best strategy is to dump as many coins as possible into the market at the opening, and then return them to the project party when the price drops. The price difference is profit. Otherwise, why do you think Binance's coins almost always fall at the opening, while many market makers make a lot of money? Even though most VCs don't have TGE coins, where does the power to smash the market come from? Someone must be asking what to do if the token price rises? Generally, there are clauses that guarantee market makers to deliver at a certain price without the need to buy back the currency at a high price. This cooperation model is the most unreasonable and ugly cancer in the cryptocurrency industry in the past few years. You should know that in the early days of ICO, the tokens of project parties were strictly supervised on the chain. Retail investors in public funds unlock transactions first, while private investors unlock them later. The team's low-cost chips are unlocked last, and there is no such thing as market maker chips. I have recently heard several project founders complain about being tricked by different market makers. Some only know how to sell without protecting the market, some claim to allocate funds but only show their own money to the project team, and some engage in rat trading. Those who only provide passive orders for robots without any action are already rare and clear. In summary, I think for entrepreneurs, it's better to try to do market making themselves. They can develop products and place orders, right. Can provide basic market depth, let the community play the rest on their own. Otherwise, the money will be earned by others, the reputation of the community will be carried away by oneself, and by the way, we VCs will be criticized together 🙃
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