📈 BINANCE - MILLIONS FOR THE DECEASED.
Lately, strange things have been happening on the leading exchange: projects that no one needed from the previous bulls have suddenly shown crazy growth. Has the altseason really begun?
🔸 #Rare - the price has rolled by 98%. Listing on Binance futures occurs, volumes fly away by several million $, and the price is pumped by 4x.
🔸 #Voxel - the same 98% drawdown, this asset was listed on Binance futures after a pump of 2x. Volumes at the peak were as much as several hundred million.
🔸 #Alpaca - again, 95% rolling, 2x and growth of volumes from
several tens of millions to almost a yard. Well, and listing on Binance futures - where would we be without it.
🔸 #NULS - similar story, nothing to add.
All projects from 2017-2021 were listed on the Binance spot, but they were far from Tier 1. And all of them still haven't had a full token unlock.
It's especially funny to watch listings of this dead stuff against the background of the fact that it's difficult for normal projects to get listed on Binance, and delistings are happening every week. But it's okay, there's always an excuse: "We listed it because of large trading volumes, and we don't know anything about manipulations."
⚠️ Who benefits from this?
On the one hand, the MM of forgotten projects most likely bought up so many tokens that the pump is issued at the snap of a finger. On the other hand, Binance, thanks to such pumps, excites the crowd, distributes money to individual holders, attracts retail, draws volumes, in short, the PR machine is working at full capacity. Or maybe the project team decided to earn some extra money, which accumulated the unlocked tokens and sent the price to the Moon. Alas, we will never know the true plans of the whales. But how are these guys from Dubai skyscrapers better than bookmakers and other suppliers of gambling money-grubbers..
