Yesterday, a good brother asked me a question. Why did BOME and NOT go on Coinbase yesterday as BOME-PERP and NOT-PERP perpetual trading pairs? Why not BOME-USDT and NOT-USDT spot pairs?

For the above questions, I will answer them from the following four aspects based on the actual situation:

1. Market fundamentals: BOME has been on Binance for 3 months. It is driven by the community. The climb in May has almost doubled. It was very difficult during this period. It has never risen smoothly. There must be resistance and pressure when it rises. It makes people feel that the currency is controlled very abnormally, which has affected the development of its liquidity depth!

2. The role of the transaction object: The transaction object on Coinbase is perp. Check the information attributes of perp. Everyone knows that perp is realized through virtual automated market makers (vAMM). Traders can achieve the realization of transactions without counterparties. Perp is a perpetual contract agreement! So now we know what Bome-Perp does! It's really not a market crash or market pull, right?

3. The importance of market makers: When the market is sluggish or cold, or when the market's long-short ratio is seriously unbalanced, market makers can provide the market with a constant stream of immediacy and liquidity by continuously providing quotes and pending orders in the market, and accepting traders' buying and selling requirements according to their quotes, which plays a great role in market balance and stability!

4. Actual sentiment of buy and sell orders: In the past three months, #bome已出圈 has been selling and shorting contracts, and it seems to have become a paradise for air forces! In the meme board's big rise in May, #bome相对市场行情来说bome 's spot buying performance was relatively difficult every time, but the air force could constantly surpass the buying order and turn it into fuel! On the contrary, if someone sells the spot as a sell order, the price will continue to dive, and there is no counterparty! A large gap has formed between the buy and sell orders. As a result, the market and prices are unstable! Once one side is emotional, a unilateral trend will be formed, and the situation will not stop, which is out of control! For the main force, it is undoubtedly better to leave the market when the market is out of control. The biggest reason is that the buying and selling orders are not balanced and adjusted by the market makers, which makes the $BOME market grow wildly, which is exactly the opposite of the healthy development of the project!

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