Investigation into the Chaos of 'Coin Listing' at Exchanges
A second-tier exchange launched 5 new coins within a week, 3 of which were reported to have anonymous teams and no products. Industry insiders revealed that exchanges profit by charging high listing fees, while project parties collaborate with market makers to pump and dump. According to CoinGecko data, the average lifespan of new coins in 2024 is only 47 days. Regulatory authorities have launched an investigation into 'insider trading', and investors should be wary of the 'listing peak' trap.
ETH
3,194.47
-3.91%
