#BinanceSafetyInsights This makes investment decisions difficult, as it is unclear which factors are truly driving the market.
Arthur accuses centralized exchanges (CEX) of ignoring this manipulation issue. He criticizes the exchanges for being negligent, implicitly suggesting they play a significant role in this matter. According to Arthur, this has created opportunities for many low-quality, unreliable assets to flood the altcoin market.
Since the beginning of this year, the total market capitalization of cryptocurrency, excluding the top 10 coins, has decreased by at least 38.33%. During this period, the market capitalization of altcoins fell from $1.34 trillion to $961.7 billion. This decline reflects the difficulties faced by the altcoin market when outside the top 10 cryptocurrencies.