The counterfeit market may become more and more difficult in the future Binance removed GPS and SHELL market makers today and confiscated all profits, meaning liquidity is drying up. From the inscription to the rise of SOL, the traditional institutions' currency listing model has been subverted. 90% of altcoins may return to zero in the future. TRUMP listed the currency marks the beginning of the bursting of the counterfeit bubble, and everyone realizes that Meme is the best way to monetize traffic. As long as you have fame, you can quickly issue coins, list coins, and harvest a whole set. Liquidity is shifting from CEX to DEX, and Binance’s recent market maker dispute has exposed the false prosperity of the market – there are not enough buy and sell orders, and transactions are cold, forming a vicious cycle. Market makers need trading volume to make money, but the recent counterfeit market is freezing, with most currencies plummeting, and even falling by more than 90%. They are reluctant to hold risky assets, so they give priority to selling, which intensifies market selling pressure and leads to further depletion of liquidity. In the past, market makers and project parties jointly harvest retail investors, but now the market is short of money, market makers have begun to harvest project parties - borrow coins to smash the market, recycle at a low level and then return coins. I think GPS and SHELL are just the beginning, referring to the 21-year market-making crash, when more than a dozen currencies were removed from the shelves every day, there may be more in the future. Only by choosing a copycat with high liquidity and being wary of the surge in the new currency can you avoid risks. #Binance optimizes currency listing mechanism
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