Why aren't most coins rising? 🚨
Here's the insight👇
Lately, I've observed that #Binance has been rapidly listing new tokens. This is why even high-quality tokens are struggling to gain momentum.
Short-term traders are flocking to these new tokens due to their higher volatility and the potential for quick profits. Consequently, they are pulling their investments from established tokens and coins, redirecting funds to these freshly listed tokens to capitalize on rapid gains.
The opportunity to achieve significant returns in a short span is enticing. I urge Binance to slow down the rate of new token listings to allow established tokens and coins to continue their upward trajectory.