#Binance Futures: A Launchpad for Crypto Pumps? ๐Ÿค”

It's becoming increasingly apparent that the launch of USDโ“ˆ-margined perpetual contracts on Binance Futures is often correlated with significant price increases for the underlying assets.

Think recent cases like $VOXEL and #BRETT ๐Ÿš€๐Ÿ‘€ This pattern raises concerns about potential market manipulation and pump-and-dump schemes. ๐Ÿšจ๐Ÿ˜–

Here's why: ๐Ÿคท๐Ÿ‘‡

๐Ÿ”˜ Amplified Volatility: High leverage offered by perpetual contracts can exacerbate price swings. ๐Ÿšฉ

๐Ÿ”˜ Speculative Trading: The allure of quick profits attracts a large number of speculative traders. ๐Ÿค–

๐Ÿ”˜ Market Manipulation: Coordinated buying pressure can artificially inflate prices. ๐Ÿ’ฆ

Given this pattern, it's becoming increasingly important for traders to exercise caution when new perpetual contracts are launched. ๐Ÿ˜ค While there's potential for significant gains, the risk of losses is also elevated. ๐Ÿ’ป๐Ÿ’ช

DYOR!! #CryptoMarketMoves #Altcoins