No Trust Left in Famous Founder Altcoins: Here are the Secret Collaborations and Reasons! - Coin Bulletin

The founder of DeFiance Capital, Arthur_0x, pointed out the lack of transparency and price manipulation in the crypto market, stating that investor confidence in altcoins has rapidly declined.

One of the leading names in the crypto world, Arthur_0x**, stated that the biggest problem affecting the current market is the secret collaboration between project teams and market makers. In his post on Twitter( under the name X )eski, he emphasized that this cooperation can keep prices artificially high for a long time and that investors are no longer able to detect the organic supply-demand balance.

“CEXs are turning a blind eye, investors are fleeing”

Arthur_0x stated that centralized exchanges have turned a blind eye to these manipulations, expressing that the altcoin market has transformed into a “rotten goods market.” He pointed out that this situation is gradually undermining investor confidence and that there have been significant distortions in the pricing of especially newly launched tokens (TGE).

“Most new tokens lose value between 70% and 90% after being listed. Everyone buying under these conditions is at a great loss.”

Finally, addressing the leading players in the industry, Arthur said that if these structural issues are not resolved, a large part of the crypto market will become uninvestable.