May 6
Regarding this bull market, let’s not talk about retail investors, let’s first look at the situation of the project parties. They are making a lot of money. Many project parties have set up teams in Shenzhen to issue tokens, and then continuously unlock and sell tokens, exchange them for stablecoins or RMB, and live a luxurious life with luxury cars and beautiful women every day. Look at those new coins that are constantly falling, such as Merlin, ENA, and MSN, all of which are made by Shenzhen teams.
These new coins are endless, and retail investors will never be able to buy them all. Even if they are bought out, the unlocked tokens will continue to circulate.
