Binance; is a platform where we trade legally and peacefully by providing many high-level security. We are lucky to have this, but Binance must also develop common regulations with whales in this trade. Number of coins/marketcap balance, number of coins that companies can sell and produce, etc.
There is such a supply of coins that if that coin were to make an ATH, its market value would reach 3-5 trillion dollars. Is such a thing possible? Who would give 3 trillion dollars to a coin? Elon Mask?
What are we looking at? The ATH price. That ATH price should carry a reasonable and acceptable marketcap value with it.
That's why we go 1 forward and 2 back. No qualified investor accepts or believes in such a marketcap and causes them to go into heavy sales at certain levels.
Doesn't Binance and other exchanges know that the market cannot progress healthily like this? Of course they do. They need to take steps to change this. 7 months of bullish, 4 years of bearish.
This is not sustainable.