I want to say a few words about the latest events with the arrest of market makers and individuals! Why is this good?
➡️ I hope more and more people will consciously approach work in the financial market and the cryptocurrency sector! Clowns who believe everything they analyze on-chain almost random info. This case maybe will open their eyes a little and understand why their favorite meme tokens or Low cap tokens or super tech tokens are just an asset and on-chain data can draw absolutely any for you! The US Department of Justice accuses Gotbit of manipulating the cryptocurrency market and creating fake volumes! And you think that something else is happening with Bitcoin, Ethereum, and other coins? Of course not, there are simply market makers of a different level that no one will ever know about! Stop romanticizing cryptocurrencies as something intonational! Any on-chain statistics, volumes, holders, super investments from funds and roadmaps can be drawn! Analyze only the chart at current moment!
➡️This case with the arrest of market makers can change the course of the game for other market makers! The algorithm and software will change! Other market makers who work on partnerships with tokens are next in line! And the outcome for them will be the same! No one is going to kill cryptocurrency, this sector is too new for governments and regulators of different countries to ignore it! But private companies that are engaged in wash trading will disappear! I hope people finally understand that charts are drawn by an algorithm and not by organic purchases of people! Therefore, now it will be even more difficult for old traders and investors who are used to working on old patterns to make money! We see how any discrepancy on the chart with previous patterns on altcoins and bitcoin depresses the entire Twitter! And all because these people live in a comfort zone, having made money on allocations from projects and early purchases of eth or meme tokens! But they have no idea about the nature of the market! With the advent of regulation and tightening of market making, there will be fewer paid tokens, exchanges are already starting to tighten the criteria for listing, because they do not want problems with regulators! This is very good, we will hopefully see fewer new tokens on exchanges, which in a couple of months the exchanges laundered money and removed from their platforms! Checks will be more thorough and strict. There will be significantly fewer meme coins
➡️The prices of meme tokens, which are in individual volumes and advertising influencers, can now fly down! Since these are the market makers who supported the visual charts of coins! Many coins will end up with a chart like Luna. There will be less manipulation on the market, I hope regulators will also pay attention to influencers who, in cooperation with market makers, having received allocations, promoted quick earnings in fresh meme tokens!
