Most recently CZ posted on X that as a trader we need to focus/invest on ethical team projects, which confirms that binance is listing projects of unethical teams' projects.
I am going to mention this for the last time that either binance is manipulating price percentage change or i did not understand how it should be calculated.
Here is my observation for $RED , an hour ago red's price was 0.54 with almost 0% price, fluctuating in b/n +1<=>-1, but now the price is 0.5387 & the price change is -19%? what TF, how the hell this happened?
This is all binance doing. Through pre-market they almost forced us to buy above $1, then after listing- straight to dumping, ROBBERY & binance enabled it.
BullyInCharge
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Usually in case of most tokens about 4-5% outsiders normal traders make money to but if we talk about red token no one got to buy at 0.2-0.4 or even 0.8 everyone bought at around 1.30 price at this point only 0.01% normal people was able to recover or gain 1-4% of profit why is this happening @CZ at what basis do you guys list tokens whats the point if 99.99% people was confirmed to go on loss who made profit?why are you listing these garbage?I can’t even write fully because theyll remove my post
With that pre-market hype, RED is dumping straight-downward, like its name, blood-bathing!!
ONE Big question, what is binance's strategy here, JUST having a big digital CASINO where small retailers can be scammed by organized mafia institutions?
just remember what is happening with $SHELL $GPS . I BLAME BINANCE!!
YES, I have been saying this like for centuries, even they were delisting my posts.
Krypto_ Alchemy
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Binance needs to take more responsibility to combat industry fraud. Market makers like $GPS are clearly exploiting investors by continuously dumping tokens since the opening. They sold off 70 million tokens without placing a single buy order in between. Market makers can drive prices down as much as they want and then buy back at a low price, guaranteeing profit without loss. It's understandable that market makers want to make money, but they also need to provide liquidity. If they only sell and don't buy, the market will end up in a terrible state. This isn't just one instance; are other projects doing the same thing? This situation harms exchanges, users, project parties, and even tarnishes the entire industry. Now you understand why the K-line of your new coins at Binance looks so bad.
1H time frame of $GPS from its listing time, it's dragging down retailers to hell. The main question would be how does a platform that we rely on do this to us?