Whose fault is it for the drop in coin prices Actually, I've been wanting to write about it for a while now, but I haven't had the time yet. I'm here to talk about this topic after @ movementlabsxyz has also been frozen for 3800wu. -------- Market makers bear the blame? Starting from @ GoPlusSecurity, then @ myshell_ai, and finally yesterday's @ movementlabsxyz. A group of "market makers" who had been hiding behind the scenes were forced to come to the forefront. I once introduced it on (https://(x.com)/wellosuoha/status/1895330614213255257). But one thing to know is that basically, market makers cooperate with the "project side" in market making, and only a very small number of "active market makers" participate in it. And most importantly, the project party should be able to terminate market makers who do not comply with requirements at any time. So is it really market makers who are to blame for the drop in coin prices? It seems that most likely it's just the blame, after all, it's impossible to push all the problems onto the project team, right? After all, it is just a role of helping to participate, especially as active market makers themselves are good at creating "excess profits" for the "project side" in addition to liquidity. So it can only be said that market makers are definitely the ones who bear the blame. -------- Liquidity causes a ceiling drop, resulting in a decrease in BN brand value To use the exact words my sister told me this morning, what we used to do all along doesn't mean we can do it now. Every period has its own goals and strategies. It's like GPS being turned on, market makers only sell and not buy, which led to @ binance being exposed, followed by SHELL that came out one after another, and @ movementlabsxyz that was launched a few months ago also being exposed. Are there only a few of them? Isn't this the case with other companies that have been declining all the way? Think about the existence of a bunch of Fud bins back then, including but not limited to AI HOOK EDU NFP and so on. As long as you dare to get in the car and have a diamond hand, it can make you "exist without underwear", so there were no such problems at that time? These problems must have existed for a long time, otherwise it would not have been possible for all the rumors about BN listing fees to be so expensive. There is a reason why they are expensive, and it is certain that listing BN can earn more money. The liquidity is sufficient to earn back the listing fee. The fundamental reason for these problems now is the 'shortage of liquidity'. After all, as soon as it came up, it hit the ceiling of BN and kept lowering it. In the past, FDV could reach several B and MC could reach around 300M, but now it is only 100M. This is an "important blow" for @ Binance as a whole, and it will result in a decrease in its own "value". So all of this is to enhance the intrinsic value of Binance itself, after all, what's the point of going to BN like going to other places? --------- Reacting to the project team This is a good question, but if it's not just for that one "market maker", but for all projects, then there will be a very interesting thing. All project parties dare not "blindly smash the disk" because as long as they keep smashing, they will be "queried" and eventually discover a large number of "illegal" operations. This way, there will be a very interesting thing, which is that opening a gap online may not necessarily make money. So the recent pressure has been on projects like @ bubblemaps BMT, where prices have dropped by 60% since the launch of bn spot trading, but have remained relatively stable. For the launchpool project, it can still be said that there have been ups and downs from BERA KAITO SOLV. There will also be some pressure on the newly launched NIL PARTI. If it continues to decline, will it have a negative impact and lead to being nailed to the pillar of shame. At least for now, GPS has made history, which other project parties don't want to do, after all, they haven't made any money yet 😭。 This is at least the only promoting effect I can think of. Of course, if even if the project team does this, they still cannot withstand the decline, then I can only wonder who has countless quantities to smash the market. After all, nowadays everyone is talking about the fact that even the new currency MC is less than 100M. You should know that in the past, we used to say that 200M is brainless 🤣。 --------- The decline caused by PVP? This is also the topic given by this sister. She asked me if it is possible that the decline is caused by everyone's own PVP, after all, in a downtrend, many people cannot cut it because they cannot cut money. However, due to being a 'stampede market', if you don't run before others, the price will fall, and the 'market maker' may not be proactive but completely passive in providing liquidity, resulting in a continuous decline in orders. The current round of leeks is actually much smarter than the previous rounds, with many brainless players who can only play on their own unless they have enough opponents. However, playing on their own can only be based on the market situation, after all, 'no one's money comes from strong winds'. This also leads to choosing the direction with the highest winning rate for oneself. Everyone chooses to short, and short selling is a friendly option, so the chances of winning from a decline are high. Therefore, going long is another option with a lower chance of winning. It is not a matter of being forced to do so, and people will not choose to go against the trend. Anyway， Forcefully take over the respect. --------- Forcefully reversing It depends on whether this kind of deterrence can make project parties and market makers choose the most difficult path. If things continue like this, "active market makers" will definitely be in high demand, after all, only "wealthy people" can withstand pressure. I hope to see a different trend. Or rather, we hope that @ Binance will drop for all projects that go online and continuously invest in them ⚠️⚠️⚠️。 Then rigorously investigate the three generations of ancestors, just like this one. -------- summarize So the main reason for the decline in "coin prices" is that the market is too poor, coupled with the fast speed of new listings, and everyone's "attention" is "speculating on the new rather than the old". As the group members have said, the sensible project parties have started to list their coins recently, because they need to quickly pour them in while there is still some liquidity. Do you think this is what people say 🤣。